34 ordspråk av Mark Pervan

Mark Pervan

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 But since U.S. gasoline supply is actually ample, I'm not surprised there's been a bit of profit taking today.

 From a short-term point of view I don't expect any of these juniors to benefit. It's going to take six to 12 months to get legislation passed to get these guys up and running, and then they have to get government approval to actually mine the stuff. It could take many, many years for them to get their product to the market, let alone first defining what they've got.

 It had a pretty strong run, so the market is taking profits.

 It was a good outcome. The share price is probably likely to keep moving upward, so the fact that they were able to get more away at a lower price is probably a good thing.

 It's had such a strong run. There's a lot of short-term money in the market that probably wants to take a profit, like hedge funds.

 Other than that, it was a solid report with no real surprises.

 Supply growth is not there, and the players in the market aren't investing in new supply.

 The capital management was certainly on the cards, but the market wasn't expecting such a generous offer.

 The Chinese are trying to put a line in the sand, and they appear to be a lot more aggressive. But what will determine prices won't be talk, but physical supply and demand, and demand is still very strong.

 The drop in crude oil was larger than expected, and that fueled buying.

 The increase in gasoline supplies could partly be just the release of U.S. strategic reserves being accounted for now.

 The Iran situation is not going to go away so I see buyers coming in at the dip.

 The market is becoming less concerned about gasoline supplies in the US. It shows the US refineries are getting towards full capacity.

 The market is closely watching out for the report as a way of seeing the progress that oil companies and refiners are making in getting their assets back online,

 The market is closely watching out for the report as a way of seeing the progress that oil companies and refiners are making in getting their assets back online.


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