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Ann: Penny Gold Mine Update, page-37

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Wisefool22

430 Posts.

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18/09/23

13:19

Post #: 69900399
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Originally posted by deserthead: ↑

In danger of repeating myself, I currently see the the same set-up in the gold sector as was the case back in 2001,and more specifically1979. The exact circumstances may be different, however the underlying circumstances are very similar. As the quote from Mark Twain says:
“History never repeats itself, but it does often rhyme.”
I remember climbing into ASX: DRD at around a buck and change and rode it to $9 in about 12 months(finally topped out at around $9.60).

I am expecting that this coming move in the miners is going to eclipse the move 20 years ago. This is going to be one hell of a move and it is why I am pounding the table for those miners that are cashed up, to take advantage of their cash positions to buy Oz's in the ground. In the years ahead Oz's in the ground, (regardless of how marginal at the current price), are going to morph into massive upside revaluations.

I wish either RMS or WGX or whomever would pull their finger out on Spartan. It is a 'no brainer' and in 2 years time hindsight will show that to be the case.

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What set up at are you referring to? Could you elaborate? Thanks

RMS Price at posting: $1.37 Sentiment: Buy Disclosure: Held
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(20min delay)
Last $2.03		Change -0.100(4.69%)		Mkt cap ! $2.344B

Open	High	Low	Value	Volume
$2.01	$2.07	$1.96	$11.29M	5.557M

Buyers (Bids)

No.	Vol.	Price($)
9	110172	$2.02

Sellers (Offers)

Price($)	Vol.	No.
$2.05	27647	3

View Market Depth

No.	Vol.	Price($)
9	110172	2.020
3	46940	2.010
10	122069	2.000
3	83349	1.990
3	6000	1.980

Price($)	Vol.	No.
2.050	27647	3
2.060	59801	3
2.070	18839	2
2.090	29770	2
2.100	69446	2

Last trade - 16.10pm 12/11/2024 (20 minute delay)

RMS (ASX) Chart