Post by
valueplaysonly on Sep 26, 2013 8:46pm
dont touch this
Tax loss selling and a shaky balaance sheet can drive this to 5 cents in the next 3 months. with the large focus on SA , the only thing that will improve the demand for energy is increased energy usage in SA key industries which are MINING MINING AND MINING. WITH GOLD AT 1320, SILVER 21ISH AND COPPER 3.25 ISH THATS NOT GONNA HAPPEN.
i will take a position once I see copper increasing to 3.50, silver at 24 and gold at at 1450. If the BDI is above 2000 thats another macroeconomic marker for me. Then I'll go long.
Comment by
davwal on Sep 27, 2013 11:41am
you hit that dead on and with all that debt you probably will see five cents.Not even sure if i would buy anymore at that price.At five cents u know what most likely to happen then.glta longs