SPR spartan resources limited

RMS take over, page-472

  1. 6,792 Posts.
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    I sold most of my holding today and over the last week but still have 550K shares left. Keeping those for conversion to RMS stock.

    Its been a great ride with SPR but in my view the best price rises are behind us. I do not focus on mid-tier producers that much but do hold a few and never hold majors eg NST and EVN, as the best price gains come junior miners which have a decent resource or better still have great expiration success upside and more so if they are high grade - I tend to avoid low grade (learn a hard lesson) . Consequently I have sold most of my SPR holding as I am less keen on RMS and mid-tier producers - not that there is anything wrong with them its just the junior miners have much greater upside.

    I am still very bullish on gold and silver and can see then rising a lot more. Have lots of cash and have been putting some of it to work in a few stocks but will retain a lot as I am expecting a recession later in 2025 in the US and expecting the stock market not just the US to fall 20% and maybe more this year - if the stock market does fall a lot I expect to see a fall back in gold and silver and more so miners prices and then they will surge.

    I may even venture to to TSX and buy some gold and silver stocks
 
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Last
$2.02
Change
0.000(0.00%)
Mkt cap ! $2.588B
Open High Low Value Volume
$2.02 $2.05 $2.00 $17.18M 8.506M

Buyers (Bids)

No. Vol. Price($)
6 90618 $2.01
 

Sellers (Offers)

Price($) Vol. No.
$2.03 68770 4
View Market Depth
Last trade - 16.11pm 24/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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