Not just the price movement but also the strong volume. 2 million turned over.
One thing confirmed is CCU's superiority relative to its peers (SVL, TRY, AYN, ARD, etc...). CCU pretty much smashed all of them in price movement and cash-volume. This shows that CCU is now regarded as the premier ASX silver play. I would say SVL comes second with the rest a distant third.
The gold price is poised to only go higher. We might have the odd pull-back but it is almost certain that it will go higher more times than lower. Would love to see another strong night with gold tonight.
When will CCU hit a dollar? Within a month?
Only 3 pure silver plays on the ASX and CCU is one of them.
The ride has only just started.
All my opinion and may well be wrong.
CCU Price at posting:
68.5¢ Sentiment: Buy Disclosure: Held
