GREY:PLUUF - Post by User
Comment by
Investtowin99on Nov 16, 2018 2:05am
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Post# 28984097
RE:Recent weakness
RE:Recent weaknessthx, JuanPeru, for the information (had also seen the interview). Not sure though if stockprice weakness is specifically tied to this interview as I can point out dozens of juniors where there is similar price weakness. My guess it's more general market-related as many stocks have been hammered. Good news there is that many, many technical and sentiment-indicators are pointing to the probability of a strong rally in the coming period (best research to follow in that regards is www.sentimentrader.com). Moreover, uranium has breached the 29 USD-barrier and Cameco yesterday impressively rebounded. Juniors should follow when calm returns to the markets. As to Aduviri and his comments about "shameless pillaging" an "not seeing benefits", I can only shake my head about this nonsense-populist-remarks as Peru has gained immensely from mining (https://revista.drclas.harvard.edu/book/mining-and-economic-development-peru). I hope and believe there can be a win-win for Puno and Plateau, let's indeed first await developments from the federal level where President Vizcarra seems to be doing a great job and has his approval ratings are up to 62%.