RE:One positive fact ...
i think you are confused, brent dropped a lot yesterday, todays numbers are reflecting wti over the last 2 days on some sites, the spread is still 3 to 4 bucks wti to brent, both dropped yesterday even though us markets were closed, today the us sites are including both days losses on wti whereas only todays are reflected in the brent price. lol so no, i don't see any positives there, both are falling.
the juniors in need of cash are pretty much up the creek as i don't see the banks beeing too friendly here. high cost producers with significant debt will get wacked the most and some may not survive. i may see my .80 target on iae yet!!.
tommy, you didn't buy back in after you sold at 2 bucks now did you?????
anyone seen the crow around??? CAW CAw Caw caw >>>>>>>>>> SPLAT!
cheers ferret