NVA 9.43% 24.0¢ nova minerals limited

Kingr18,for some people like me it is a bit " cursed ", when we...

  1. 11,978 Posts.
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    Kingr18,

    for some people like me it is a bit " cursed ", when we sell the sp reverses up and when we buy or hold it tanks. I sold and straight away the reason why I sold - anxiuos about PoG could turn back to US $ 1200 like after the GFC - it seems to reverse after breaking through US $1806 last night.

    As I pointed out before, many investors don't care about a resource, just about PoG and act accordingly. I went through this after the GFC, lost heaps and don't want to repeat that mistake. And with all the " expert " comments on US investor websites suggesting PoG will reverse heavily at least down to US $ 1500 ignoring the money printing and giving the change of many to prefer crypto over gold a very real chance. That all could lead to NVA's sp going down further.

    Again, no doubt about NVA but don't trust holders sticking to NVA should PoG go down further.

    GLTA
 
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