Re: Is this market irrational, stupid or minipulated?
in response to
by
posted on
Feb 12, 2008 03:17AM
Creating shareholder wealth by advancing gold projects through the exploration and mine development cycle.
Goldbull55,
Your frustration is well understood.There is nothing inherently wrong with many of the juniors except for 1 thing ; they are unproven and therefore risky.At this point in time the markets are very risk adverse and many investors are unwilling to put their hard earned money out on a company that may end up having little or no value.Stock markets have fallen sharply taking down both good and bad companies with them.
If you believe in a certain company that has taken a hit and you can afford to then buy when the prices are down and wait for market psychology to turn positive again.This will lift peoples spirits and stock prices along with them. If you believe then be patient and wait for this turmoil to pass as frustrating as it may be. Rico