Personally I do not think the company can be blamed in any way for the weak share price. It's simply the lethargy toward Silver, a bit like Uranium in the last few years. Here's a couple of recent pieces, one from a friend who is an EW expert, and the other from my cycles man that will give us encouragement.
Gold & Silver - Upside potentialFrom an Elliott Wave perspective, Gold’s decline from this year’s May 4th peak of $2,072 to the August17th low of $1884 low displays a completed 3-Wave corrective structure (see my Daily Chart).Support now lies at $1925/$1900, to give potential for rally toward $1987/$2000 resistance (and thenonto Key $2,072).Silver now finds support at $23.50/$23.20 for rally above the Key $25.90 resistance level toward apotential Target of $34.90 over the coming months.
Silver rallied to new intra-month highs on Aug 30,fulfilling an Intra-Month V Reversal higher (initial highat start of month, low at mid-month, and rally to high-er high into month-end) and corroborating this out-look. 27.80/SIZ is the monthly LHR for Sept ’23 andan initial upside target. Multiple wave targets con-verge at ~28.00 - 29.50/SIZ and are primary 2 - 3month upside targets.
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Personally I do not think the company can be blamed in any way...
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Last
2.8¢ |
Change
0.001(3.70%) |
Mkt cap ! $48.51M |
Open | High | Low | Value | Volume |
2.8¢ | 2.9¢ | 2.7¢ | $75.58K | 2.696M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 1019283 | 2.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
2.9¢ | 4069412 | 17 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500000 | 0.028 |
18 | 3209053 | 0.027 |
19 | 2205041 | 0.026 |
10 | 1219800 | 0.025 |
8 | 1545874 | 0.024 |
Price($) | Vol. | No. |
---|---|---|
0.029 | 4069412 | 17 |
0.030 | 2005371 | 12 |
0.031 | 404181 | 3 |
0.032 | 549200 | 4 |
0.033 | 3564000 | 3 |
Last trade - 16.10pm 25/07/2025 (20 minute delay) ? |
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