Greetings Kina!
Note the drop in SVL sp is NOT because of shareholders selling. Far from it.
The price has been manipulated over the past 6+ months by BOT traders.
As a way of strengthening the US$, destroy confidence in silver & gold.
SVL, and all other PMs explorers and producers have been affected!
Until some "black swan" event happens, TPTB will manipulate the market with immunity indefinitely!
Assuming a black swan event occurs in the near future SVL will be in an ideal situation to benefit.
An extended "non-swan" event will destroy SVL.
Therein lies the issue. How long can TPTB keep the juggling balls in the air? Will the juggling outlast SVL's financial reserves? Investors will be reluctant to pour in money while the PM market is under attack.
So we sit, hold & wait. If you're Nathan, then you are "accumulating".
Cheers
Denys
Greetings Kina!Note the drop in SVL sp is NOT because of...
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Last
10.5¢ |
Change
0.011(11.7%) |
Mkt cap ! $158.3M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.5¢ | 9.8¢ | $1.156M | 11.57M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 616000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 2430294 | 28 |
View Market Depth
| Last trade - 16.10pm 13/09/2024 (20 minute delay) ? |
| SVL (ASX) Chart |