re: 588.70 next test is 55c No, I think we have had a "cleansing" , alot of margin traders would have done their dough the last six weeks. Most P&L forcasts for mining stocks are using significantly lower average metal prices than we are seeing. The sell-off in commodities seems to have exhausted itself , the rally in gold and especially nickel the last few days is pretty impressive. The USD is the key for gold investors ... it is over-valued, being undermined by US fiscal imprudence and a "we've done enough" stance from the Fed will probably lead to some major weakness vs Yen and Euro. I agree the stockmarket is a risky place to be, but for those who buy gold stocks with good production growth ahead, light hedging , on low P/E's the rewards over the next 18/24 months far outweigh the risk of another 10% correction. PGM's and Silver stocks should do just as well IMHO.
Hold, BSG,BDG,BMO,OXR,SGX,CTO,PLA,MMN ( combined value approx $200k )
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Last
25.0¢ |
Change
0.010(4.17%) |
Mkt cap ! $204.5M |
Open | High | Low | Value | Volume |
23.5¢ | 25.0¢ | 23.5¢ | $695.0K | 2.892M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 104600 | 24.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
25.0¢ | 696511 | 15 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 104600 | 0.245 |
6 | 189208 | 0.240 |
8 | 409960 | 0.235 |
17 | 661382 | 0.230 |
8 | 406184 | 0.225 |
Price($) | Vol. | No. |
---|---|---|
0.250 | 696511 | 15 |
0.255 | 514940 | 9 |
0.260 | 585179 | 15 |
0.265 | 805091 | 14 |
0.270 | 413972 | 17 |
Last trade - 16.10pm 03/09/2024 (20 minute delay) ? |
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