I love the cartoon very good but has the horse shot itself in the foot. This is done deal and to my understanding the top 20 shareholders own 80% of SPR. This is going to be a very interesting week. We saw a flash correction in gold and it broke 3000 and now trading sideways again, over the next month gold will likely pass 3100 , it will be interesting how the market reacts.
Just a matter of interest I have come across some scary information from a miner not related to either company. Apparently a gold miner has discovered 300k ton of contained gold. They cemented the mine to prevent a gold price crash. This is entirely hearsay but shook me up. The mine manager said there is enough gold to supply the world for 100 years. World gold production is 3000 to 4500 ton a year. Not sure if this is realistic.
SPR Price at posting:
$1.76 Sentiment: None Disclosure: Not Held
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