Dear subscriber,
After a well-deserved summer holiday it's back to business, and one of the first things I noticed was the breakdown of one of my favorite leveraged plays (although not so leveraged anymore after gold ran up to current levels): Moneta Porcupine. It appeared that there was no fundamental reason for the sell-off, as it was predominantly gold correcting, and probably participants for the upcoming private placement, selling off shares in order to get shares and full warrants with the proceeds in return for a small premium. I view this as a solid opportunity to buy shares at lower levels, but as always do your own due diligence as I'm no registered investment advisor. You can find the article here:
One Of The Last Quality Gold Juniors To Come Out Of Bear Market Hibernation: Moneta Porcupine
Regards,
The Critical Investor