Was hoping technically to hold 1.05. Was going to buy some but wasnt home. Traded down to 96 so now i have to watch some more on monday. Hope it wa s just the light volume of today that did it.
Gapped up from 1.05 so any short lived pullbacks which could happen should not exceed below that level. A bit overbought short term right now, could be a case now of sell the news when it comes out dec 6, but only for traders, not long term holders.
All important metals but i just want to fire up the pickup and go get me a load of them sulfides they are supposed to be mining. I want to be the first customer even though my miniscule little purchase will be largely symbolic in the grand scheme of things.
I dont intend to get anywhere with calling them wackos but thats what they are. Yes they have their money and wacko lawyers who will take it. Just a bit more confident in the project after hearing them speak. No science on their side just fearmongering. Sadly fearmongering will get you an audience in the current world we live in.
During a roundtable discussion with plm representatives on the program northland voices they showed some clips of wackos speaking and presenting their side. I felt like i was watching hilarious clips that jay leno or somebody would show. These people function on pure emotion and cannot form a coherent or logical thought. Doesnt still make them dangerous but i came away a little bit more confident in my investment if these are the. Types we are dealing with. They are still talking about mining "sulfides" and water flowing into the boundary waters which it does not, it flows the other way.
Fear of cyclical stocks keeps a lid on this. Cyclicals do not trade on yesterdays good news but future fickle outlooks that change with the wind.
Glad to see you have so much faith in the past words of politicians, i do not. Bottom line is he had no reason to go on tv and start vacillating in what had seemed to be his support up to now. I hope its only politics, i need my shares up with the current healthcare premium debacle his party has me in.
They should, tax revenue is their lifeblood, its how they get elected by spending other peoples money. Interesting how their going to price me out of my private health care i buy, but oddly enough at my retirement income level the state exchange premiums for me will be zero. Just wonder how long this free lunch will last. There are plenty with lower incomes than me so taxes for miners salaries and the like will have to go up or someone made a bad miscalculation. Right now it sounds like one of these satellite tv deals to me.