Hi guys haven't posted here for a while, hope everyone is well.
Don't have nothing new to add just patiently parked here; gold however seems to playing out nicely. If it can break through that purple line I think we will see one of the best gold rallies in years.
A closer shot on a 4hour timeframe can see multiple Higher Lows being formed. Will take a few more and I think a break is possible.
On a personal note, was hoping we would close above 4cents last week, although we tapped above it couldn't hold. I guess the run was getting stretched and nothing wrong with a retrace and consolidation.
I've been holding on for months so I guess no harm in waiting a bit longer. Perhaps next couple weeks we can be set in the 4's firmly.
I still see a massively undervalued based resource with huge upside potential for expansion. I think the only thing that'll get in the way of the genuine re-rate many are waiting for is if overall market itself tumbles down.
Will attempt to upload a updated EV/JORC table in coming days.
Cheers
VEC Price at posting:
3.0¢ Sentiment: Hold Disclosure: Held
