Classic example of the ripple effects of the stock market
'US sneezes and the world catches a cold'
For those interested
US market is entering reporting period (market is always extra jumpy during this time)
The current data indicates that of the “99 S&P 500 companies that have reported so far, 77.8% reported earnings above analyst’s expectations”.
This will recover quickly. As mining sector money exits explorers and high capex projects still trying to secure funding and into low risk, in production projects like Savannah.
Remember:
-PAN is in production
-Making cash-flow well above expectations
- Mining a critical metal (Nickel - Cobalt - Copper )
Great place to be
Source: https://www.forbes.com/sites/tomaspray/2022/04/24/a-selling-climax/?sh=12b087297794
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