SYA 2.78% 3.5¢ sayona mining limited

General Discussion Topics, page-116096

  1. 33,215 Posts.
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    Yes, lots of Li mines.....something the goldbugs got horribly wrong was the effect of new technology.

    New machinery, aircraft, satellites, helicopters, mobile phones, ground penetrating radar, massive diggers etc. means that mines can be opened up and reactivated much faster than a few years ago. As soon as the gold price goes up, mining companies dig up more, so predictions of US$20,000 gold by 'experts' like Peter Schiff have turned out be fallacious.

    SYA has been in a massive bubble, it will bottom out...maybe.


 
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