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Tower Resources plc – Important update

Yesterday (20/05/14) we made a technical call based on Tower Resources plc’s price action, today’s news release explains some of the order movements coupled with technical weakness which we anticipated would reverse through pre-TD (Total Depth) excitement. The RNS today will provide nothing more than uncertainty so we now suspend our coverage holding no bias and a neutral stance.

We at VTM believe capital protection is far more important than the uncertainty or risk this announcement presents.

Valuethemarkets.com, Digitonic Ltd (and our owners, directors, officers, managers, employees, affiliates, agents and assigns) are not responsible for the content or accuracy of this article. The information included in this article is based solely on information provided by the company or companies mentioned above.

This article does not provide any financial advice and is not a recommendation to deal in any securities or product. Investments may fall in value and an investor may lose some or all of their investment. Past performance is not an indicator of future performance.

  • Richard Mason does not hold any position in the stock(s) and/or financial instrument(s) mentioned in the above article.
  • Richard Mason has not been paid to produce this piece by the company or companies mentioned above.

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