TSX Venture Exchange

The mining and resource laden Toronto Venture Exchange has fallen 9% in seven trading days as the market reacts to uncertainty on many fronts, with the US v China trade war at the forefront.

With tax loss selling on the horizon, one wonders how low the index will fall before year end?

.

.

.

TSX Venture Exchange

The mining and resource laden Toronto Venture Exchange has fallen 9% in seven trading days as the market reacts to uncertainty on many fronts, with the US v China trade war at the forefront.

.

With tax loss selling on the horizon, one wonders how low the index will fall before year end?

.

Of the companies we follow, Colonial Coal, Wesdome, and Cartier Resources are holding firm in the face of the general market selling onslaught, suggesting those companies with a tangible and valuable resource are not suffering as much as those penny stock hopefuls based in moose pasture in Yukon or Alaska, during this selloff.

.

This is a time to pick stocks carefully, looking for a resource, a management that have a good track record,good jurisdiction,  and the funds to move forward. I fear those without these attributes are in for a long, hard winter.

.

.