GREY:LSTMF - Post by User
Comment by
jdn55on Jun 12, 2014 4:20pm
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Post# 22655177
RE:massive run....
RE:massive run....As per very recent postings on this BB I think the news is trickling out into the public domain that additional, significant asset sales are coming soon, over and above perhaps what the market was anticipating. Couple that with high oil prices, US money moving into Canadian oil and gas equities and the shorties (run shorties run) that are probably covering and were now finally starting to rebound to a more rational valuation. We could move north of $10 again before the end of June if we get some positive news on the asset sale front. Been an interesting day today. Nice to be very solidly back in the black with this one. GLTA