GREY:OLEPF - Post by User
Post by
frankmanon Jun 13, 2013 10:10am
145 Views
Post# 21519778
Venture market continues multi year slide
Venture market continues multi year slide Venture slides closer to 800 level (and I include TSX traders with zero production) on summer doldrums and as Asia markets in semi crash mode. Gold struggling too.
Venture 1 year
Venture been sliding since 2009. Spot a trend yet? Venture projects (and that includes explorers with zero production) are valued far less these days due to costs. Have you noticed? Look no further at the lowball offer for (TSX trader) Oromin.
Venture 10 year (no longer the best of times)
Gold. See what QE did NOT do for gold? New gold projects viewed almost worthless with gold in the ground.
