SPR spartan resources limited

Ann: Pepper Resource Soars 99% to 873koz at 10.3g/t Gold, page-65

  1. 156 Posts.
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    Hey Boolgeeda I've carried the same thought in my head for quite some time now, that on several occassions Spartan's SP has had a day or 2 delay before moving higher on big news events. Without backtracking to specific occassions to confirm my memory, I haven't mentioned this until seeing your comment, but I'm confident it's true.
    Today's news was another fantastic announcement, and confirmation that Spartan's underground gold vault continues it's rapid expansion. I personally don't mind delayed SP increases, or short term drops, because the writing on the wall is clear to me. Spartan has so much going for it that we are all familiar with, too many good points for me to bother repeating, that I'm completely comfortable in the knowledge that the SP is going higher. Why stress about a delayed reaction, or a few days or even weeks of gradual SP decline? With all the current world turmoil, Brics, dedollarization, wars, massive U.S. debt, an unpredictable incoming U.S. President with a cabinet of felons, the probability of a continuation of rate cuts, high Central bank bullion purchases, and the prospect of gold purchases by the western financial system increaseing (as evidenced by ETF inflows), the vibe is good for gold. And Spartan has it.
    Congratulations to Simon and the team for a job done extremely well

 
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