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Gold/Mining/Energy : Western Copper Holdings - WTC.T
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To: TheBusDriver who wrote (349)8/1/2002 11:24:28 AM
From: Little Joe  Read Replies (1) of 754
 
I suspect that a lot of the people in the stock, were looking for the results from the step out drilling and since they have not proven to be spectacular, combined with weakness in silver, the stock has sold off severely. There is an element of psychology involved in these markets and when people are optimistic regarding the price of the underlying metal or the sector, the stocks seem to appreciate quickly, but the opposite is equally true. I think WTC is a good example of this.

Little joe
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