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Great point! An announcement of Bowdens Silver being approved in...

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Heisenberg63

1,653 Posts.

195

01/02/21

21:46

Post #: 50621967
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Originally posted by Banjoj: ↑

Wall Street bets have 7+ million members which will all likely receive an additional $1400 usd in stimulus money in the next 4 weeks. at best the shorts might get a small window to release a tiny fraction of their position before the next boom in price discovery. No later than 31 March IMHO.
$1400 x 7000000= $9.8b usd .
10% of this just under a billion USD to flow into silver physical?
let's not forget another 100 million more conservative silver stackers and the long funds smelling blood in the water and commercial/ industrial traders whom will look to change their buying patterns to sure up supply like cobalt direct from the miners. the green revolution will not buy from the crimex.

SVL could likely be approved during this time frame adding to the frenzy. This could blow sky high, however one thing is for sure the current SVL price is still extraordinarily low regardless of current silver price.
go long and strong.
DYOR not advice but buy the dips for times they are a changin. from a boomer ok?

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Great point! An announcement of Bowdens Silver being approved in the coming weeks/months could be like putting a hydrogen bomb under the rocket. I think management were impeccable on the timing here.
Hold on tight.

SVL Price at posting: 36.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 16.5¢		Change 0.000(0.00%)		Mkt cap ! $248.8M

Open	High	Low	Value	Volume
16.5¢	17.3¢	16.3¢	$453.3K	2.689M

Buyers (Bids)

No.	Vol.	Price($)
17	453142	16.5¢

Sellers (Offers)

Price($)	Vol.	No.
17.0¢	265038	5

View Market Depth

No.	Vol.	Price($)
17	453142	0.165
44	1430450	0.160
29	1223675	0.155
33	2257174	0.150
12	863947	0.145

Price($)	Vol.	No.
0.170	265038	5
0.175	2018115	12
0.180	2030249	24
0.185	1560368	8
0.190	497661	13

Last trade - 16.10pm 06/05/2024 (20 minute delay)


Last 17.0¢			Change 0.000 ( 3.03 %)
Open	High		Low	Volume
16.5¢	17.3¢		16.3¢	855506
Last updated 15.56pm 06/05/2024 ?

SVL (ASX) Chart

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