GREY:NEVDQ - Post by User
Comment by
Traderfanon Feb 25, 2010 4:53pm
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Post# 16821243
RE: RE: Scotia/Capstone loadng up!
RE: RE: Scotia/Capstone loadng up!Heck I'm happy that we are above 3. We are totally dependent on the overall markets it seems. Just like copper. Do you sometimes watch the copper future intraday? I do every single day and it's moving one on one with the overall markets.
If the S&P goes up so is copper and vice versa. Since I'm expecting lower markets over the next few weeks and months I'm happy that we are still above 3 bucks a share. In case you haven't seen it copper was at 3.15 today at the low. Extremely volatile, copper can go below 3 in 2 bad overall market sessions. I'm glad the markets then turned around and so did copper.
I realize that CS is still buying and that is good for us. However I don't expect any take over bid or anything such before the feasibility is out and that will take a while.
So I'm pretty happy if NCU can stay above 3, that's difficult enough as you can see every single day.