G1A 0.00% 5.9¢ galena mining limited

The slow rise in the SP is on falling volume - until we have...

  1. 2,344 Posts.
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    The slow rise in the SP is on falling volume - until we have some big milestone announcements, one shouldn't expect much of an increase in volume, nor a dramatic increase in the SP. Volume confirms price, and often precedes significant price movements. Big positive volume will signal increased institutional buying, and this probably wont occur until after full commissioning is declared. Till then, Everybody should chill except Rendog.
    What the post commissioning MC will be, will depend on a number of variables but wether or not it achieves previous SP targets or not, the MC will surely be significantly better than present, so holders should sleep soundly and look for a Galena victory celebration by June 2023.
    https://hotcopper.com.au/data/attachments/4841/4841861-99d33f1dd31ababdf7de8de139778018.jpg
    Last edited by MIStragic: 16/11/22
 
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