MTH 2.08% 47.0¢ mithril silver and gold limited

What really happened ? ? ?

  1. JFI
    6,837 Posts.
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    Its a good question.

    Not an easy answer.

    Many things worked together here and for a few others today.

    Silver - Broke out of a linear Silver contract end of month close trend line clearly after 9 years.
    Preceding this was a mad collapse as shorts looked to offload and go long at the larger houses.

    Mithril's own micro level charts all became bullish just preceding what will become known as 'The Event' in the Silver market.

    Mithril raised $$$ in the toughest market. A collapsing equites market in March/April 2020 a global Pandemic only comparable with 1918-1920.

    Sun Minerals Pty Ltd intelligently, kindly, respectfully willing to eschrew shares for 2 years and bring forward the best land in Mexico for a massive Silver and Gold deposit. Literally need to shovel some dirt by hand and hit metal. Yes, that's how god this stuff is !

    Management are winners having turned similar events in to $ 1 billion + sale to top firm in the past.

    Near 50% of ownership love this firm and what is happening and all have more $$$ to roll it forward regardless of this new Silver market bull run !!!

    The other 50% will learn quickly to love this company and future.

    JFI



 
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