Far East Capital Newsletter
Revival of the mining equities markets is continuing
14 May 2016

In This Issue

Weekly Commentary

Revival of the mining equities markets is continuing

It wasn't a particularly eventful week. There was the usual give and take but the overall sentiment in the mining sector continued to improve. New money continues to flow back into the sector and there is plenty of rotation as traders are looking for situations that might not have moved as much as the high flyers. Gold and battery input stocks were the preferred vehicles. Iron ore companies were softer. The brokers were all running around doing placements and capital raising so they are making money as well. Many of them were two tranche placements, with or without SPPs. Let's hope that the markets are still good for when the second tranches are due, after shareholder approvals have been granted, or they may become a little painful.

To see the full commentary, follow the link below. 

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