I hear peeps complaining about traders dumping….but it is the product of the unnecessary ramping by the resident cheerleaders.
I believe it will get there, but ramping the sheet outta this ain’t gonna help as it spikes up and come back down when reality sets in. In a way the cheerleaders are their own enemy, providing opportunities for traders and manipulators to profit from these spikes while sucking in innocent new investors at the peak. Are these cheerleaders actually brokers?
All the latest series of fluff anns are telling us is… they haven’t started drilling tonopah and it will take a while before they are allowed to drill and expand rincon. So don’t expect anything exciting for a while. A proper offtake is what people want and it seems JZ just can’t close a proper deal as promised ages ago. Until these things materialise I believe we will still go up based off potential, rising commodity prices and TA, but not 5-10 bag off one spike as some of these cheerleaders like you to believe.
The potential is always there, but once bitten twice shy, JZ didnt deliver the imminent deal so that potential cannot yet materialise until he redeems his deal making credibility. Maybe if y’all turn down the ramping just a few notches the sp will rise at a steadier pace as some of you obviously prefer.
AGY Price at posting:
12.3¢ Sentiment: Buy Disclosure: Held
(20min delay)