SPR spartan resources limited

This week maybe a very interesting week for SPR and the broader...

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    This week maybe a very interesting week for SPR and the broader gold sector.

    We may see new assays from Sly Fox and maybe from other areas which we all hope will be great.

    Presentation on Thursday maybe following new assays and a lunch at NN gin distillery on Saturday.

    And a surging POG - POG is about 3% higher than close of business last Thursday now at about $2,255 or $A3,455. POG has just broken out through a key level from a cup and handle formation (over 13 years) and some technical analyst's state it is the most bullish move gold has made in 50 years (ie since the 1970s). Let's hope they are right as if they are then their POG targets are $2,350 and $2,500 in the short term (ie months or in 2024) on its way to maybe $3,000 or $4,000.

    If they prove right then hold onto your hats. I typically do not look at TA that much but have reviewed a few videos on TA for gold over easter and I understand why so many people are bullish on POG. Gold stocks have not moved up anywhere as much as they should have since October despite the 20% gain in POG and they are now relatively even cheaper than they were back in October 2023. If POG does indeed rise to $2,500 or even higher we will see gold stocks rise much more than POG increases as gold stocks are currently so under valued.
 
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Last
$1.97
Change
-0.025(1.25%)
Mkt cap ! $2.524B
Open High Low Value Volume
$2.01 $2.05 $1.95 $66.88M 33.90M

Buyers (Bids)

No. Vol. Price($)
5 77974 $1.96
 

Sellers (Offers)

Price($) Vol. No.
$1.98 85766 5
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Last trade - 16.10pm 27/06/2025 (20 minute delay) ?
SPR (ASX) Chart
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