GREY:SWYDF - Post by User
Post by
drdiabloon May 21, 2010 11:46am
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Post# 17122074
Northern Miner's SWY coverage
Northern Miner's SWY coverageThe Northern Miner's new DIAMONDS IN CANADA publication features a cover story about SWY's Renard project, as well as an excellent review of other junior diamond miners in Canada. It can be downloaded at the Northern Miner's website.
Those clamoring for news from SWY should be hoping that the market stabilizes first. The panic selling we have witnessed in recent days is indiscriminate, hammering speculative stocks no matter what their prospects. If this downtrend continues, a few impressive drill results will not stanch the bleeding. When fear predominates, people want to be in cash, not diamond exploration.
I did add to my SWY position yesterday, although I already owned more than was prudent. I decided to man it up and take advantage of the dip to .50. To make that move profitable, though, I need a market uptrend more than I need Renard news. GLTA.