Morning all.
@Quamdives
Thanks for the heads up mate.
That was a nice little read.
I am surprised that the attention has taken this long and also that I am not sure if others are hopeful of more tenement consolidation in the close proximity to us in the Santa Cruz province.
The price of silver is what seems to have people looking which is a welcome surprise and should see us get a sling shot along with many others in the PM space.
I thought these charts below are revealing in terms of the importance of this timing.
First the daily where we can see break out.
It also looks to me like we are reloaded and set for another push higher.
Now we have the weekly where we see a different measure of strength.
We are also touching the red line that I added so a push above that will be more bullish which looks highly likely.
Now to the monthly where you can see I have added another Red line.
What we have here is a Cup and Handle and a within the Handle we have another C&H playing out at the level of that Red Line.
Once that red line is broken through which could be under way, $48 will come next.
Above $48 we enter the Blue Sky.
We are already very undervalued so this move in the silver price is compounding our position while we have been collecting more bolt on parts to our growing project and inventory.
This is Peter Krauth and this vid is a great watch that describes the coming shortage and why but how the pressure on the silver price can only result in higher prices.
I can feel the coming news in my bones and typically this is the most difficult part of investing, Waiting.
I think that is about to change.
I rotated to increase my holdings again this week.
Kind regards, Wack
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