Foraco International SA T.FAR

RE:RE:RE:RE:Brutal last couple of days

[savyinvestor333]

I think it is a temporary thing, looks like the U.S side is selling more than usual. There was pretty good volume over $2 in the last month so could be a blip. i will see where it goes on whether to add or sell. I will not chase it and I will need shares showing on the ask before I put buy orders in.

FrozenInOntario wrote: Good luck.  Out of curiosity, short time trade ?   Believe you had a good deal, with a small volume like this on the sale, it might rebound back quite quickly.
I did sold some when it was trading over 2 $ plus.  Not very tax effective but plowed back into other drillers that I tought were more attractive (mostly OGD but some GEO too).   Of course, now OGD is trading close to  52 W lows, so basically turned a buck into 4 quarters.
Have trouble reconciling what I read about demand/price for precious metals as well as copper/supply deficit/electrification  versus the performance of the drillers.  Looks like the market is predicting a fall from a cliff despite quite robust financings in the sector.
GLTA