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March 5, 2017

The Week In Review And A Look Ahead

TSX Venture Exchange and Gold

The Venture experienced its worst week of the year, tumbling 18 points or 2.1%, but a late Friday rally was an encouraging sign as the Index rebounded from an intra-day low of 806 – just above a band of key support – to close at 818 going into the start of PDAC.   It was the Venture’s second consecutive weekly loss after an 8-week winning streak created temporarily overbought technical conditions.

Astute investors who embraced the pullback and reacted quickly to certain company news releases fared extremely well.  The “Mother of All Bull Markets” continues, though that doesn’t rule out more turbulence as spring approaches.

Click here to receive, via email later today, BMR’s updated “Who’s Who” List of the Greater Cobalt Camp – the top dozen or so companies active in the district

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1 Comment

  1. A good article explaining the use of “tenor” in nickel exploration
    http://aheadoftheherd.com/Newsletter/2012/A-Case-Study-For-A-Greenfield-Investment.htm

    Comment by weatheritout — March 5, 2017 @ 3:18 pm

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