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city1866

1,853 Posts.

185

10/09/20

22:25

Post #: 47254592
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Originally posted by goldbear77: ↑

@PGFin

np

all stocks are primarily attached to the metal price - thats why MYL was 3c with same resource

but the catalysts can be short term caps

the reason i think thats the case here is because MYL should be mkt capped at about $SVL's mkt cap (~$250M)

though it might be just a sovereign risk discount. but given so few silver exposures and no actual evidence of nationalisaiton risk from Myanmar gov - if anything its the opposite - that wouldnt make much sense to me

a small discount maybe - but not ~30%

so i think its more people wanting to see what the capital solution is. but it could be a combination

MYL has formed a chart pattern I;ve never seen before - well i saw something close once - - didnt work out well on that occassion but that was a high cost gold mine that ended up having a tunnel collapse if i recall right

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don't see too many companies developing mines in Burma either. But, we eventually see everything in life....... such as negative government interest rates?

MYL Price at posting: 9.9¢ Sentiment: Buy Disclosure: Held
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