GREY:COLUF - Post by User
Comment by
jdn55on Mar 04, 2013 3:44pm
328 Views
Post# 21075691
RE: SP
RE: SP The junior golds in general are getting creamed today. This selling is sector wide and not just releated to CSI. I've been hearing for some time a lot of the problems have to do with fund redemptions and funds having to sell their holdings to cover those redemptions. Couple that with margin calls and nervous nellies capitulating and you have the scenario we're presently experiencing. It is the ugliest market for juniors I've ever witnessed in over 30 years of investing. Hard to say when negative sentiment will change but it eventually will.
Nothing has changed on the CSI fundamentals except for the good so keep this in mind when you're making your buy/sell decisions.
GLTA