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Oromin Explorations Ltd OLEPF



GREY:OLEPF - Post by User

Comment by frankmanon Feb 12, 2013 2:04am
146 Views
Post# 20972710

2 year stock price performance -.42 net loss

2 year stock price performance -.42 net loss

Market continues to dictate price levels as January year on year volume stats are down from the previous year showing me there will be an earlier exit from the markets this year (Feb March, April) = lower s/p volatility = stagnation at best stock prices for most as we approach "sell in May". Looming U.S budget crisis deadline and Europe economic woes (China's largest consumer group continue to impact markets.

As I have been stating for moons 2k gold is not a reality any time soon as all asset classes including gold and gold stocks will be sold to cover margin calls and other losses as we slide towards summer doldrums.  Gold will remain sideways at best for at least the next 7 months. 

 

Date
Close
02/11/2013 0.76
02/04/2011
1.18
Net loss -0.42

 

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