Nice to see uptick todayI am hoping we have found bottom but with this chart who knows. Could just be a short term brake from downtrend. Next few weeks should tell the tale. If we are lucky we will see a double bottom in the next few weeks that should set us up nicely for some good news on the CC if it comes....
And no the venture is not collapsing. I challenge you on a rainy saturday to look at all the companies listed on the V. Vast majority are junior miners/commodities. If you look at how much garbage is listed on the venture it is no surprise we are seeing such low numbers for the index. I have heard many experts indicate that this year will be a cleansing period of the many paper burning useless juniors on the Venture. Commodities are down right now and it doesnt seem like they will be rebounding anytime soon. I would give a bull argument that funds typically put in commodities will find their way to other aspects of the venture, renewable tech, gaming, tech etc. I think we will see a large run for many companies that prove to have potential (hopefully RDX) glta....hopefully greener pastures ahead