The recession has done this to CYM's share price.
There's certainly been a few stuff ups and many overpromises but this spiked a coup[le of times on decent news, well not anymore, hmmm, come to think of it the market finally got wary of Baz's promises of finance and reacted accordingly to promising assay results. We've also got the curse and perception of Nifty, the lack of understanding of leaching and the uncertainty around finance. All this is now magnified 100 times with the global recession, China's economy diving, Covid reappearing.....
For those of us who have been around a few crashes and turbulent times, mid 70's (that was through a smoke haze lol) '87, dotcom, GFC, Covid of course, they're all different. The global financial situation was unravelling prior to Covid, that's been missed by many. The world is not going to change from working towards a greener future, that's embedded in the pshyche of our youth and there's Trillions $$$'s stuck into this already so the big money needs a return on their investment.
We're hostage to the recession, that's about it. There might be a few stocks that outperform, who knows?
We need finance!
ps: keep your eye's on the market activity as always, the bots...shorters? It's not their type of stock really?
Expand
