I’ve been on a bit of a skid lately with my tipping so I’m throwing something different out with my first short.
Kalgoorlie gold mining. They have had a good quick run off the back of some quality drill results but I think they are due for a pullback. The latest candle on the daily looks like a shooting star giving the indication that sellers are stepping in. Lots of the company options are now in the money so I’d expect some selling of heads to convert options and there may also be a lull in activity while they wait for the next round of drilling and results to paint a better picture of their discovery.
