If you are going to take a position in Toromont be prepared to trade this one. The advance hasn’t been without pull backs so try to take advantage of opportunties to enhance your returns.
Without a reason to hold in anticipation of a richer payout of distributions or appreciation of the price of the units I think that its time to look for an exit.
Until the MACD turns or we get a bounce off the 200 day moving average YRI is in a downtrend and the trend is your friend till it ends.
EIL has taken some positive steps towards restructuring its affairs by selling assets and cutting costs but what they really need is to sign some new contracts and increase the volume of cash flowing through the company.
With increased drilling on their poperties to expand their resource base, and assuming that they can meet their production target of 100,000 ounces this year AVR looks well positioned to advance over the next 12 months.
Hello My Friends,
As many of you know I have been a supporter of the efforts of seven year old Jack Yielding who founded ” Jack’s Lemonade Stand” as a fund raiser for the Sick Kids Hospital. Over the last three years his efforts have raised over $150,000.
Jack is now at Sick Kids undergoing a series [...]
If there is a rub in the MSQ story is that the company has been hacking away at projects for over 20 years without a major breakthrough. That having been said it is often the case in business that an over night success comes after 20 years of plugging away.
