SXG 1.23% $2.41 southern cross gold ltd

Mawson´s Swedish Uranium Properties, page-2

  1. 5,697 Posts.
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    Nice post neutro. I studied that a little earlier in the week and learned that MAW's likely U3O8 reserves are approx the same as a years production from the larger Oz U miners ... forgot who it was so don't want to state it here - but not significant world wide. Might be a trading angle for MAW though.

    I see the Gold bugs (HUI) index is still sliding Friday but NEM had a sideways day.
    But the really interesting trend lately has been the Micro-gold investors ... from a news page ..

    • Further, traditional buyers of physical gold in China are usually older generations. However, amid the country’s stock market turmoil, real estate challenges, and shadow banking issues, the Chicago Mercantile Exchange (CME) reports that Chinese millennials and Gen Z are snapping up gold in the form of “gold beans” — pea-sized gold pieces weighing about a gram.
    Surely a top has formed/is forming then.

    I expect SXG to base here somewhere ... MAW was sideways Friday while SXG off nearly 10%.

    Cup n Handle in the making with a double top near $3.50?


 
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