thought of the dayJust listened to a guest on Bnn describe why no self respecting investor would invest in a junior with under a 1,5 billion market cap like Whitecap.
His statement was that there were only 2 small funds doing such investments and that even they were disappearing as we speak.Further he stated that no serious money would look at the sector until crude returned to $60 -$70.and in the meantime many juniors would go belly up.
To me ,as a natural born skeptic and contrarian, it doesn't get any better than that.
IF we are right ,and I am sure we are, then the potential investor demand that awaits us when that glorious day arrives is stupendous.