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Compiling comments that experts make about stocks while on public TV.

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2013-02-21

General Comment by Fabrice Taylor

Bias Subject Owned
OPTIMISTIC NORTH AMERICAN _N/A

Resource Stocks. Thinks the pressure they are under has to continue. Junior market is pretty much dead. A lot of them are desperate for financing, which they are not going to get. Shareholder destruction is breathtaking. The one good thing is that they are going to be more careful in expanding. Some of these projects are going to get shelved, or mothballed at the very least. Production growth will be reined in, which will hopefully moderate supply, which will bring prices more into balance and that will allow them to start over.

Fabrice Taylor
Publisher, The President's Club Newsletter

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