BML 0.00% 10.0¢ boab metals limited

Michael Oliver calling for US$50 Silver by November buckle up !, page-30

  1. 2,163 Posts.
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    With a caveat: Gold is near its $2400-50 target at the same time Silver is near its $30 major resistance = likelihood of a nasty draw down.

    That's the one I'm waiting for. Gold is overbought on all time periods. Anyone notice how the institutional shorts are started to get into position on the local gold stocks?

    That and so called market gurus zealous price predictions aside, none of that is likely to put BML in a position to build a mine unless Lead stabilizes above the DFS numbers. Silver is to volatile to base a business case upon, so that won't save the day despite what some pundits incessantly insist.


 
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