history repeats
posted on
Jul 29, 2008 10:35AM
we are in the summer season traditionally slow for the stock market and retail investors lose interest because they are busy. institutional investors short stocks to make money and in these conditions of low volume the shorters can drive the market down. also the lenders of capital are getting hammered with losses of their own. lets face it not a pretty pitcure for a junior mining company with no tangable assets. having said all that in the next 2 months a wave of drill results and news will flood in from probe and other players in the rof. the fall will bring back a renewed interest in the stock markets and the money will flow back in to the juniors. maybe david palmer is waiting to get the big pitcure before he releases any information.releasing incomplete information in this enviroment probably would not help our share price.so take a look back at the ring of fire stocks in say august of last year and then look what happened. i don't like watching my sp go down but my money is betting on history repeating itself.