Newsflow non existent at the moment.
Surprise ann came in 1 day earlier
On ASX & HC its the no 1 highest riser all day by far
50% in 1 day
On HC in the top 10 most discussed all day.
When all those gold INSTOs, gold bulls, Zijin, SVM, Eduardo/AGD, Rampcap realise the ride theyve missed thus far over the next few day,s we could see, like with SBM PRU SLR AGD, a solid rerate to market price on TA & fundamentals.
With gold stock bullruns ive noticed the first few days are just the start,
some go for years and move baggers in a month then keep going like SBM from 10c to $4 of PRU from 30c to $2.50.
Many goldies have done there multibag dashes over the last 18 months since GP moved from 1100 to 2000,
except TRY which has stayed range bound ~ 8c-13c for a few years now.
17.5c resistance is the key pivot imho.
Some high volume INSTO buyer is in this every 15 minutes or so on the day action.
Accumulating INSTOs hard at work before the news breaks out widely.
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