GREY:XMTTF - Post by User
Comment by
ss1867on May 15, 2014 4:10pm
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Post# 22567041
RE:Right tigers, right
RE:Right tigers, right
The venture has underperformed it`s peers, you are correct. But still up 10%+ from last summers lows. With the trepidation in todays market and continued cooling in growth for our major importers of all things commodity related ( China, India ) I surmise toughening financial conditions for the exploration plays unless of course you have stellar projects. This is the bet here with XME, if they fail to impress then it`s the sideways grind into oblivion at a penny. The drill results will dictate the future, and for the longs here they must be fantastic. This is why you guys choose to stay invested here...A sea of red across the board today, will Friday see a bounce or more carnage ? Another triple digit loss before a long weekend will set up a painful trading week to follow.GLTA