Bazz58, put these arrows in your quiver for your growing expertise repertoire.
1. Sour nor sweet is good for objective investing.
2. Going to cash is a legitimate strategy during a cyclical bear market (means you can buy more shares at the bottom of the cycle). Central Banks have been tightening interest rates and GDP prints and Job prints are still coming in strong. Not good for precious metals and especially for Junior Explorers.
3. A Market Actor has been playing the Sell/Short side of SNG since December 2020 ..... don't fight the Market Makers or the Trend.
4. Sentiment rules. Precious metals have had a nice little Bear Market rally, your reappearance on this forum probably marks the short term peak in PM's. The bear market in Precious Metals has not been invalidated technically nor fundamentally yet. The bottom for gold may be or may not be in place (US$1620) but that is a long way away from todays price (US$1780). Their exists two competing schools of thought. Metaljaune expecting continued Volatility in PoG. PoG does not always reflect in share price as is the case with SNG.
Otherwise, I look forward to celebrating with you the day SNG pours their first bar of gold.
I am well aware of the "gold in the ground" at Reefton, it is not going anywhere till someone digs it up.
BR doing a marvellous job of getting others to pay for the exploration program of which he is the primary beneficiary.
Cheers to the drag.
- Forums
- ASX - By Stock
- Ann: Sams Creek MRE exceeds 800,000oz at higher grade
Bazz58, put these arrows in your quiver for your growing...
-
-
- There are more pages in this discussion • 50 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SNG (ASX) to my watchlist
|
|||||
Last
6.8¢ |
Change
-0.003(4.23%) |
Mkt cap ! $14.29M |
Open | High | Low | Value | Volume |
7.0¢ | 7.0¢ | 6.8¢ | $18.68K | 271.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 58391 | 6.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
6.8¢ | 43064 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 58391 | 0.067 |
1 | 20000 | 0.065 |
1 | 250000 | 0.062 |
1 | 5382 | 0.060 |
1 | 255200 | 0.055 |
Price($) | Vol. | No. |
---|---|---|
0.068 | 43064 | 1 |
0.070 | 331481 | 2 |
0.079 | 9880 | 1 |
0.080 | 735992 | 3 |
0.081 | 12283 | 1 |
Last trade - 14.31pm 22/08/2024 (20 minute delay) ? |
Featured News
SNG (ASX) Chart |
The Watchlist
SS1
SUN SILVER LIMITED
Gerard O'Donovan, Executive Director
Gerard O'Donovan
Executive Director
SPONSORED BY The Market Online