Altacorp Still Buying - Even at Today's LevelsGives me a cosy feeling to see this.
It could be new money arriving and they need somewhere to spend it. Or they (and their customers) could be increasing their position.
Regardless, Altacorp are buying at these levels, it increases my confidence that good news is on the way.
No $7 today. But give it a couple of weeks though following the next announcement, and let's see where we are.
Funny (strange?) to see the energy market in a malaise today while WTI hits over $101/bbl. Certainly a lot of the WCSB producers are making money hand over fist, so long as they haven't hedged too much.