Hi guys,
So here's my thinking. At what SP are we overbought and anything less than "bonanza grades" are going to see our SP tank?
Whilst im truly excited about the future I'm also a realist. I've been watching the SP climb daily and whilst this is great I also think that fomo has caught the wave of the gold market and as a lithium investor i learned the hard way it only takes a corporate broker like morgan to say overbought and the market retraces significantly.
I know the gold price is in a run and therefore explorers and producers Sp will follow suit but at what point does our SP run away with itself and it not match our business fundamentals?
We all have our own risk appetite and I know there is lots of results are to come but how many will "absorb"
the current SP as factoring ?
I'd love to see this blast 10 cents on a positive ann but I have a baby on the way and nappies are expensive ;0)
All the best
SMDM
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