MKR manuka resources ltd.

Ann: Quarterly Activities/Appendix 5B Cash Flow Report, page-15

  1. 3,102 Posts.
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    You have to remember the new floor in silver is around $21, this is the old $16 we stayed at for years when you factor in inflation and the money printing of the last 2 years. Silver also quickly "Crashed" to around $13 just before the 2020 run to $30. As to why $16 was chosen by the PPT for those years, good question.

    With regards to MKR it is likely a long time investor who got in for 20c bailing out now while still making a "profit" I guess. Thing is with the AUD losing maybe 30% of its purchasing power in the last 2 years they would really need to be selling at 26c to break even but don't tell them that . And the reason it went so low on that one or two sellers bailing on MKR is due to there being lack of buys for obvious reasons. I think we will see a rebound to 30c pretty soon even with current market conditions, so not much to worry about on that front and right now is good time to top up, I have today and likely will again soon if price stays around here.

    The gold and silver paper market shenanigans makes me think something serious is bubbling behind the scenes. It makes even less sense in the market known for poor amounts of sense. I have done some shallow research to find out where the money is going with nothing good to report yet. So I think in regards to stock markets it is a short term pullout to cash, waiting, and then back in to stocks and some into PMs. There seems to be an expectation of a Mar 2020 in world markets and people want to take advantage.

    So IMO this is good signs for those long on gold and silver. Silver people have the fundamentals behind them so there is nothing to be worried about.
    Last edited by happybear45: 10/05/22
 
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Last
4.1¢
Change
0.004(10.8%)
Mkt cap ! $34.17M
Open High Low Value Volume
4.1¢ 4.2¢ 3.9¢ $335.3K 9.000M

Buyers (Bids)

No. Vol. Price($)
2 152591 4.1¢
 

Sellers (Offers)

Price($) Vol. No.
4.3¢ 230000 4
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Last trade - 16.10pm 20/06/2025 (20 minute delay) ?
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