Disclosure: I own shares in one or more of the stocks mentioned. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from ShareProphets). I have no business relationship with any company whose stock is mentioned in this article.
Having looked at the train wreck of London Mining (LOND) this morning we as investors really do have to look not only at financing projects the overall capex and the geopolitical risk but the commodity cycle. London has have been hit by more than one shortfall, today marks the bugling of the last post with the inevitable fall of the company as it's known today. This leads me onto a company I believe has had a similar footprint on the chart but which is a very different animal, Sunrise Resources (SRES).
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Comments
wildrides
Nice one Doc .
Perhaps winnifroth ;-) will back track from that disgraceful hatchet job he did on my beloved TYM earlier this week .
Following you in .
Theboypickedgood
Sunrise has too many projects, too many liabilities, no focus and is a complete waste of time. AVOID
J P Spaghetti
TBPG – don’t know enough about Sunrise to make a valued judgement but I thought the same of SLE a couple of years or so ago. Still – the Sunrise SP rise has looked solid over the past few weeks.