I sold most of my holding today and over the last week but still have 550K shares left. Keeping those for conversion to RMS stock.
Its been a great ride with SPR but in my view the best price rises are behind us. I do not focus on mid-tier producers that much but do hold a few and never hold majors eg NST and EVN, as the best price gains come junior miners which have a decent resource or better still have great expiration success upside and more so if they are high grade - I tend to avoid low grade (learn a hard lesson) . Consequently I have sold most of my SPR holding as I am less keen on RMS and mid-tier producers - not that there is anything wrong with them its just the junior miners have much greater upside.
I am still very bullish on gold and silver and can see then rising a lot more. Have lots of cash and have been putting some of it to work in a few stocks but will retain a lot as I am expecting a recession later in 2025 in the US and expecting the stock market not just the US to fall 20% and maybe more this year - if the stock market does fall a lot I expect to see a fall back in gold and silver and more so miners prices and then they will surge.
I may even venture to to TSX and buy some gold and silver stocks
SPR Price at posting:
$1.81 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)