The SP action coincident with the "faux silver squeeze" gives us a great preview of what will happen here when silver does make a solid gain.
The falling gold/silver ratio ( now settled below 70) is also indicating that silver is genuinely on the move.
The publicity given to the silver story, it's industrial use in "green" technology, and it's manipulation has opened the eyes of a bigger audience.
The almost complete "cup and handle" on the chart (Thanks JFI) merges the technical signals with the fundamentals playing out.
The fresh cash into the pot, along with the swag of assays due, and drilling results to come, point to an exciting few weeks and months ahead.
Historical data has already indicated the riches in this project area. As this experienced team further delineate this resource, amid a re-rate of silver's value, any pull-back in the SP offers fresh opportunity.
The current MC of around $50m seems incongruous considering the potential.
ST traders could easily miss the main moves if recent action is any indication. I'm sitting tight.
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Last
12.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $12.30M |
Open | High | Low | Value | Volume |
11.5¢ | 12.5¢ | 11.5¢ | $11.84K | 97.56K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 5100 | 11.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
12.0¢ | 20000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 5100 | 0.115 |
3 | 184684 | 0.110 |
4 | 28226 | 0.105 |
9 | 329000 | 0.100 |
4 | 174278 | 0.095 |
Price($) | Vol. | No. |
---|---|---|
0.120 | 20000 | 1 |
0.125 | 110000 | 1 |
0.130 | 128580 | 3 |
0.140 | 100000 | 2 |
0.145 | 31250 | 1 |
Last trade - 14.01pm 14/08/2024 (20 minute delay) ? |
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