Trying to guess ... somethings brewing, announcements cominh, insiders knowsomething .... like seriously if those kind of baseless assumptions are driving your hold than God that would be punishing.
iron is HOT
shree has a prooven mine, thats been maintained, has large stores, is ready to recommence on approval, operate at about 70 bucks per tonne and the price is what now? 150? 200? Per tne?
More gold projects i can remember to count some better than other but multiple projects ready to yeild updates be them approvals for some, commencement of drilling or results on others
the market cap is what a fraction of its peers?
anything can happen, always risk, but i mean if you had to ignore short term swings, look at highly probable business outcomes across multiple projects in the near term....then surly one can quite calmly ignore the technicals for a second and rest easy.
different strategys for different folks.
but treating this like a break out short term trade is a highly probable way of missing out on serious gains.
i use both strategies depending on which account im looking at and shree is definitely positioned as a solid fundimntal play.
Good luck chaps. Hope its a merry x mas and even better new year. BRING ON 2021
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Open | High | Low | Value | Volume |
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16 | 20648486 | 0.002 |
16 | 55072508 | 0.001 |
0 | 0 | 0.000 |
0 | 0 | 0.000 |
Price($) | Vol. | No. |
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0.005 | 11775666 | 8 |
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