SI6 0.00% 0.3¢ si6 metals limited

I wish you were right but imo, in the current market there will...

  1. 11,042 Posts.
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    I wish you were right but imo, in the current market there will always be sellers arriving, who are happy to take the quick profit. What we need is consistent & positive newsflow (which is inevitable and just around the corner with all this drilling). That will make the short term traders double think their strategy and potentially make them hold longer if there is further good news around the corner. Either way, we wont be at 0.5/0.6c for much longer when the newsflow really ramps up.
    If there is a solid intersection or major discovery, and future mine in the making, then the market will start to price this in more fairly and it will re-rate. It wont re rate like companies historically did and become a 50c-$1 stock, but even 5-10c from here is very likely with a major intersection imo.
    Last edited by coto: 31/08/23
 
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