SPR 0.00% $1.29 spartan resources limited

Spartan Resources, page-494

  1. 5,639 Posts.
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    It’s all about CPI expectations. If it comes in less/more than expected POG will rise/fall. Not sure what POG will do if CPI is in line with expectations. I don’t really care what the CPI is for 1 month as the tend is clearly down and even if it’s above expectations I will be extremely surprised if it’s not significantly lower in 6 months in which case PIG will likely be significantly higher than today.

    If POG dips lower due to a higher than expected CPI then SPR will likely fall due to a lower POG - in this situation it will be a better time to buy SPR before more assay results are released. Remember that the NN holes yet to be released had visible gold.


 
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