Not much, I think. Down 25% this week is severe, but really it could mean one of several things.
1. Most likely - some holders believe the permit delay will continue. And of course it may, I have waited for ages for permits in other Latin American countries. But it may not!!!
2. Some holders have over exposed themselves to this, because of the obvious upside - now they want to rebalance or put a cash component into their portfolio.
3. Some might expect a market nosedive. [Trump only wants to "Make America Great Again" he won't trash world markets]
I am not selling - the reward sum is far too great to contemplate that - and looking at that spike down, it is a tempting buy.
I read this quote this morning.
“We are constructive on base metals mainly because we think a lot of the negative news have been priced and the valuation is attractive,” said Shan, the Goldman Sachs strategist.
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Ann: Sunstone Metals to complete Placement, page-46
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Last
0.9¢ |
Change
0.000(0.00%) |
Mkt cap ! $34.66M |
Open | High | Low | Value | Volume |
1.0¢ | 1.0¢ | 0.9¢ | $5.559K | 562.2K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
18 | 10193680 | 0.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.0¢ | 4008943 | 10 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
18 | 10193680 | 0.009 |
25 | 11528798 | 0.008 |
12 | 6863169 | 0.007 |
3 | 1950000 | 0.006 |
4 | 2500009 | 0.005 |
Price($) | Vol. | No. |
---|---|---|
0.010 | 4008943 | 10 |
0.011 | 4689583 | 11 |
0.012 | 4816522 | 11 |
0.013 | 2300000 | 4 |
0.014 | 1100000 | 3 |
Last trade - 12.32pm 25/07/2024 (20 minute delay) ? |
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