SPR 12.4% $1.46 spartan resources limited

Gold and macro environment, page-13

  1. 574 Posts.
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    From memory he is the only one, or at least the only one I know of. I don't necessarily agree with his price target but I get the logic he uses to get to it. 1, I would be worried about how the world economies look with gold at 27k/ounce....given its a flight to safety commodity....it would mean a lot of investors felt the need to invest there for safety because everything else has gone to s**t.
    2, I'm not sure the powers that be would let things go that far.....I think their is a fair argument the current financial system is at a bit of a cross roads and there is only so much further the debt can is able to be kicked down the road.
    Agree, for that sort of price range it will take some time to play out. Can't remember what his time frame for that price was off the top of my head, but I do know he has been saying it the last couple years.
    Yep, I'm holding FTL. Took my allocation and applied for more but looks like I won't be much of them at the raise price unfortunately. I only have a small amount which I received from Gascoyne. Unfortunately I didn't top up my Spartan shares when they were 10c. Had been burnt before on companies that consolidate and then go backwards. Shoulda, woulda, coulda....but anyway up over 100% with Spartan now so all is well. Simon Lawson is a good promoter....but he walks the walks and seems to be a go getter, so glad that he is on board with FTL.
 
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