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clock Created with Sketch. 05/05/23
07:44
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Originally posted by Mustwin1:
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Well tonight gold is shinning, take a deeper look into the current situation, so interest rates going up aren't necessarily good for gold , but with rate hikes possibly paused in June it's a MAJOR bonus for gold! If a recession hits , GOLD becomes 1 of the safest safe havens, currently banks are crashing due to withdrawals ! Gold is a safe haven during banking and currency turmoil! Besra are looking at getting funded without taking a loan ! Interest free! Very important because interest rates are extremely high during the extremely high inflation period. So without having interest rates , and being fully funded by quantum, providing the deal goes binding then Besra are sitting in a position that every miner would like , but let's look at who really wears the pants! So quantum being the biggest shareholder almost 29 % of the shares on issue, also with the cultural connection and billions of dollars in past revenue. So if there are for example 90 million shares floating around in SOI ! And every day we see only 6 million shares for sale ! Then where are all the missing shares? And why aren't they on the list for selling? So let's say roughly as a guide out of 90 million shares and quantum own about 30 million, and 6 million available trading each day with a volume of roughly 6 million then where are the other 54 million shares? Hiding away in the dark pool ? Ready to pull the rug ? That is the question? Sure retailers hold some etc.. but every day we witness the little jump within 2 minutes of trading then we see block selling, but where are the big buys and sells? Not yet have we seen 1 million dollar buys and sells! Yet there are enough shares in the SOI. Something to consider enjoy, always look deeper into whatever your investment is. Cheers
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Look at top 20 share holders. even better top 50 i would hazard a guess they are long term holders.
