"I keep reading about a looming supply shortfall yet I also keep reading about U mine closures , cutbacks, halting new development and mothballing."
Mine closures and cutbacks are what cause the shortfall Mick, its a part of the boom bust cycle and after the bust the boom must follow as there as demand will outstrip supply, and I don't think anyone can argue that demand will outstrip supply, its just a matter of when and some are predicting Q1-2 2014 as stated in the article I posted a few days ago.
SP action has been very interesting last few days with intentional opens and close price to show SP up 9% then down 9% then up then down. would you consider this a possibl sign of accumulation SS?
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Last
8.2¢ |
Change
-0.002(2.38%) |
Mkt cap ! $261.3M |
Open | High | Low | Value | Volume |
8.5¢ | 8.6¢ | 8.1¢ | $536.5K | 6.476M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 8.2¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
8.3¢ | 25000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 30000 | 0.082 |
1 | 30001 | 0.081 |
10 | 2384093 | 0.080 |
2 | 10164 | 0.079 |
1 | 100000 | 0.078 |
Price($) | Vol. | No. |
---|---|---|
0.083 | 25000 | 1 |
0.084 | 20000 | 1 |
0.085 | 540000 | 3 |
0.086 | 435698 | 4 |
0.087 | 912531 | 4 |
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