The Spot Gold price is another important catalyst for Miners /Developers ....
.Yesterday Market Index reported that Macquarie Bank sent note to their members/Brokers that Gold was now a "Buy" again....
which gave SPR a 10% boost ...including catchup for the updated assays.b4 the trading halt!...all great for Spartan IMO
Overnite in U.S. Spot Gold dropped down testing the 100 Day M.A. ..at bottom arrow...at 2615 to get liquidity. then price rebounded back up (bullish) to 2641....
So as Calm predicted if SPR can make another positive drilling announcement b4 xmas ...this could keep momentum going for a new all time highs... however,,, a double top @ $1.67 could be tempting for the Brokers& TradersBEOT to pullback & wait for the moving averages to catch up ...especially in holidays & low volume .....
SPR Price at posting:
$1.58 Sentiment: Buy Disclosure: Held
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