Morning folks
Been adding quietly in the background - doing my bit to mop up that 40M that got dumped a while back. Blackrock and Van Eck accumulating is a pretty good sign. I had sold 25% of my holdings. Now bought that back and another 10% on top.
I've also been doing some background reading - underlying theme seems to be very positive for Gold
- US Interest rates to drop, making Govt Bonds less attractive - and Gold more so
- World banks accumulating Gold - China a big buyer of Gold recently
- Quite a large gap in value between Gold and Gold Miners (i.e. Gold Miners undervalued)
Added to that the news from Freemans Find, which had nil impact on the EMR price - the early 2024 NLG resource update still pending and the snippet below, which we should hear more about soon - more than comfortable increasing my position. GLAJan 30th 2024 – Quarterly Report
https://www.emeraldresources.com.au/sites/default/files/asx-announcements/61191278.pdf
Morning folksBeen adding quietly in the background - doing my...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add EMR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$4.20 |
Change
-0.070(1.64%) |
Mkt cap ! $2.759B | |||
| Open | High | Low | Value | Volume |
| $4.25 | $4.27 | $4.19 | $6.304M | 1.496M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 10000 | $4.18 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.20 | 4205 | 1 |
View Market Depth
| Last trade - 16.10pm 18/10/2024 (20 minute delay) ? |
| EMR (ASX) Chart |