TSXV:NORA.H - Post by User
Comment by
caffeeon Jan 06, 2007 10:58am
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Post# 11966461
RE: SP of OK held up .......
RE: SP of OK held up .......You make a good point Ivana.
Now that speculators have let off some base metals, precious metals and energy enthusiasm.......If bonds are topped, S&P fully valued, Real Estate weakening, where do the billions of dollars find a home?
No doubt that the tidal wave of liquidity circling the globe today will need to find a profitable sector.....which one? How long does the US dollar have left in the current short term rally?
I might agree that this year will be big for pm shares, energy, base metals and this first week is to keep commodity bulls honest and others confused about the investment direction of 2007.
Yes I agree thos millions of warrants up in Feb. will keep cap on SP for now. It was one of the items I disliked when I looked at Orko, but at same time it will provide cash and hopefully used wisely which will result in a substaintial resource calc up to 50% of stated goal in 2007.
cheers