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DigiTech

07/25/13 7:56 PM

#21084 RE: Implanting #21083

"IMO nothing will help the SP until money reenters the sector"

I agree of course, I think it is called having more buyers than sellers. You always have attrition of shareholders for any company even if that company is making money. There is only one reason to buy "I think I can make money" there are 100 reasons to sell. One of the biggest one is "I need the money for something" name the something it's a very long list. So if you have normal attrition and not much new buyers well, guess what happens to the SP.

It is a hard sell to get anybody to invest right now in a miner however when the money will start flowing it will go to the good fundamental companies and the top fundamental is PE ratio. When it starts it will be fast but I have no idea when that will be. One think I do know is that we are in a great position on almost all fundamentals, just look at our PE.

My point on the financial newsletters was not that they help, it can be debated. I just wanted to debunk one more time the statements made by a poster that ignore the facts.