SLR – didn’t fall as much as I thought on yesterday’s announcement. I expect it to recover further today.
While on gold, Light Crude Oil was over $108 USD last night. If the oil price continues to increase then we should start hearing further news reports that a higher oil price will lead to higher inflation. That should also help with the recovery of the gold price – just my thoughts of the direction of gold.
SOC and AZS – Assay announcements due any time.
An observation on my watch list notes below. The number of Stoxline: Short –Term Rating (Price& M.Average) “Bearish” stocks have reduced significantly over the last couple of weeks. Certainly highlighting a turnaround in sentiment within the mining spec market.
My watch list spread sheet notes below for those interested. Good luck to everyone today.
