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Letter "M" » Mark Pervan Quotes
«This is clearly just posturing, and a helping hand by the Chinese Government to the Chinese Steel Mills, who clearly have their backs against the wall to try and keep contract prices from rising in 2006.»
«The market's been driven up on the concern that gasoline supply could fall leading to the heavy demand period of the summer driving season.»
«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 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.»
«There's a heightened level of funds coming into the metals in the second quarter.»
«We're looking at a bit of profit-taking this morning ahead of the U.S. crude oil stocks report. The market's probably got a little ahead of itself, since the U.S. crude situation is very healthy at the moment.»
«There is probably a little bit of caution - we could see some profit taking - these prices look pretty heady.»
«It had a pretty strong run, so the market is taking profits.»
«The Iran situation is not going to go away so I see buyers coming in at the dip.»