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Why is ORE tanking?

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

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Question asked

Why is ORE tanking?

Hi James and Harry, any particular reason why ORE is tanking? Regards Errol K.

Answer

Hi Errol,

ORE is simply following the whole lithium sector lower after its phenomenal run over the last 15-months. We like the stock but recently sold it from our Emerging Markets Portfolio because it had run too hard too fast, we will be watching any ongoing weakness with definite interest. Remember, this remains a speculative area and one that is heavily tied to sentiment.

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Orocobre (ORE)
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