AG is what it is bc of larger output so operating leverage vs most peers, positioning into a formative bull that got it high up the % allocation in SIL/SILJ in 15/16 that its kept and bc Keith is a strong frontman who's views chime with PM bulls so the stock gets relative bid during bear phases
the self minting is not a major facet
MKR doesnt have that kind of operating leverage to attract the globe - very few places have that potential for multiple silver ops like Mexico (though AG increasingly gold)
That said MKR is great leverage here for the coming bull - precisely because it's running lowish grade material with an AUD backdrop
but as i said last year - that leverage is extreme and cuts both ways - which is why MKR is priced as now
In next 4-6 months I expect USD gold to hit $2250 and Silver $US50
While i shaved MKR holdings progressively during the bear - purely bc its higher mkt cap vs most asx 'peers' puts it at greatest % risk - Im 20% underwater but supremely unconcerned
You guys waste time talking bottom up when 90% of performance of PM stocks is correlated to the top down wave of PM demand during bear phases
Which is why I dont post to HC much
Posters are intellectually compromised - unwilling to accept obvious facts
Stock specifics differentiate during bull phases. Or big changes like discoveries can shift things during a bear.
But MKR is basically same overall story people bought at IPO
And if nothing big changes FA wise - all stocks correlate to 1 in extended bear phases
same as in broad equities, crypto etc
not to say self minting isnt a worthwhile discussion
just thats its largely irrelevant to the source of disagreement - which is the sp
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Last
3.6¢ |
Change
0.000(0.00%) |
Mkt cap ! $28.07M |
Open | High | Low | Value | Volume |
3.6¢ | 3.6¢ | 3.4¢ | $2.749K | 77.75K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 26945 | 3.4¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.6¢ | 268971 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 26945 | 0.034 |
1 | 100 | 0.033 |
1 | 95334 | 0.032 |
2 | 33152 | 0.030 |
1 | 250000 | 0.028 |
Price($) | Vol. | No. |
---|---|---|
0.036 | 268971 | 1 |
0.038 | 51000 | 1 |
0.039 | 75000 | 1 |
0.040 | 70910 | 2 |
0.045 | 92902 | 1 |
Last trade - 16.10pm 26/07/2024 (20 minute delay) ? |
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