TAT & VLE both being negatively impacted by the issues happening in Turkey. The Lira has been getting pounded and news of Erdogan fleeing to Bosnia amidst an assassination threat both aren't good for these companies.
I'm hoping it is transitory. Commodity pricing in local currency is only an issue until the current contracted sales prices end and in the case of both of these companies their value is pegged greatly to the outcome of the Thrace BCGA which shouldn't have much to do with what the Lira is doing.
I've bought some more Valeura today. I think it will be bad if it breaks CAD 4.00 where it consolidated and bounced back from previously. Looking for it to hold & bounce again as anticipation of the delineation drilling program starts to kick in.
Where powers are assumed which have not been delegated, a nullification of the act is the rightful remedy: that every State has a natural right [...] to nullify of their own authority - Thomas Jefferson
