It’s a mugs game, attempting to divine short term price moves in some of our more geopolitically sensitive commodities. Take gold for example…
Today’s markets are nearly impossible to predict. Take oil for example: The Middle East is a ticking time bomb, and production out of Venezuela, Iran and Libya is plummeting. One would expect firmer prices, but, instead, we get a violent break to the downside.
In a recent Equity.Guru offering, we asked: “Shouldn’t our reliance on fossil fuels be tapering off by now?”
The OILs: International Frontier (IFR.V), Renaissance (ROE.V), Jericho (JCO.V), and Permex (OIL.CN) – a Guru Update
The volatility in oil continues. ‘Manic’ might best characterize trading in recent sessions
This Monday has brought big news in the resource sector: Ceylon Graphite (CYL.V) secures DTC eligibility for US shares, Permex Petroleum (OIL.C) earns a high-profile media mention and Nexus Gold (NXS.V) is the subject of a report by a New York consulting firm.
Permex Petroleum (OIL.CN) has received a fair amount of coverage here at Equity Guru. With the company and its multiple moving parts, it’s a challenge keeping pace with new developments.
If your stack isn’t nearly as fat as you’d like, it’s important to do your homework and put together a shortlist of investment candidates that represent the best possible value.
Permex Petroleum (OIL.CN): a small cap oil producer with huge capacity, poised for significant growth
Flexibility. The ability to reassess and roll with the punches. The capacity to adapt, to react, to adjust your capital and operating expenditures as the cycle changes. Keeping a lid on debt during periods of uncertainty… these are must-have traits for survival in the volatile oil industry. Financial ruin awaits those less prepared.