Nice rise today, with this in the background - so not a bad day really. Sector movers: Weak Asian data weighs on mining stocks, copper prices Mon 10 Mar 2014 LONDON (SHARECAST) - Mining stocks were under the weather on Monday as copper prices slumped after disappointing economic data from Asia dampened the outlook for demand. China registered a surprise trade deficit in February and a sharper-than-expected slowdown in consumer price inflation, pushing copper as much as 2.8% lower to $2.9955 a pound, its lowest in over eight months. ... Bottom performing sectors so far today * Industrial Metals & Mining 841.99 -4.39% Mobile Telecommunications 5,137.64 -3.56% * Mining 16,222.99 -2.38%
Fred. I am in the same boat. Not easy to assess when its peaked and conversely when its bottomed out. I guess that would make it too easy...
Great rns on Monday, good presentation yesterday - yet down 34% over a week! Not a great week for solg. Things will get better, patience is a virtue!
SolGold is not for the get rich quick crowd unless they know how to manipulate based on insider info. For those who invest based on doing homework, SolGold has potential and legs if the Ecuador government doesn't pull the rug out because of pressure from China, which owns much of the sovereign debt. In my opinion that's the risk or rub in the investment long term.
well what is a safe investment . Where will any future growth come from?
Stage 2. •Stage 2 Drill Program to commence with Hole 6. Approximately 4000m to mid 2014. •Future releases likely to combine visuals and assays for Stage 2 drill holes. •Commencement of IP survey over Alpala prospect, likely timing early March 2014. •Outcome of Application for Road Proposal to Alpalasite likely March Quarter 2014. •Steady flow of assay results to mid 2014. .... lots of news to come.
Yes I will stay in this, probably for a year or two.
Retrace....... Much ado about summat an nowt!
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