Unfortunately no more cash to invest. Holding a nice number of shares in this baby here.
Basically the floor has been prepared for a massive re-rating here. POG is on the up - supported by different factors - I like the consolidation in POG after the hype some months ago. Dollar index broke 93 support - which fuels further POG - saisonal, physical demand for gold should pick-up as from November and will come back to normal levels in 2021 (India, China). On the other hand only something like 2% increase in global gold production can be expected.
Price of copper on the other hand is also appreciating for several reasons. From a purely technical point of view (check a long term chart) it needs only another few percents to the up to break some technical resistance. Demand should increase in the coming months. If Joe Bidens wins a massive infrastructure program can be expected. Electrification in the context of climate change etc. will support CU price - and as we know not many large deposits have been discovered in the last years.
So we have here really all ingredients for a very exciting journey - WHAT WE MISS obviously is the initial ignition to let this baby fly to the moon.
I really look forward to drilling results - that might come every day. Therefore I still do not understand that somebody can sell on these levels just make a few bucks. Makes no sense for me to go for the 10% and to riks to miss a move of 100%. I am convinced that a good or excellent drilling results will catapult this thing to 10c - for the beginning. DYOR
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Last
3.6¢ |
Change
-0.002(5.26%) |
Mkt cap ! $31.91M |
Open | High | Low | Value | Volume |
3.8¢ | 3.9¢ | 3.6¢ | $17.65K | 481.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 251456 | 3.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
3.9¢ | 145000 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 251456 | 0.035 |
1 | 100000 | 0.034 |
1 | 42424 | 0.033 |
1 | 6000 | 0.032 |
2 | 36282 | 0.031 |
Price($) | Vol. | No. |
---|---|---|
0.039 | 145000 | 1 |
0.040 | 760703 | 4 |
0.041 | 225000 | 2 |
0.042 | 220000 | 2 |
0.045 | 5000 | 1 |
Last trade - 15.44pm 09/08/2024 (20 minute delay) ? |
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