OVERALL Looking at the overall market lately, oil / gas / mining is down across the board with many down a greater % than CMK. Considering latest world news from the G20 and Eurozone along with aggressive growth in the markets to highs, there was going to be a correction sooner than later.
Take some positives out of the news release that some companies are lowering production. It's noted there may be mergers / takeovers, Increased shipping to China and India. Opportunities for developming mines may be even greater in this atmosphere than before. I must say I am disappointed in management's disregard for shareholders and not protecting us with updates throughout this winding road.
GLTA tomorrow