I'd encourage anyone looking to buy into a silver stock to do three things.
1. Search for a similar headlines for the past 4 years.
2. Check the company you invest in has a healthy balance sheet.
3. Disregard headlines and follow price action. The Silver market is currently at major resistance.
Once it breaks out, then the company with the best chances (good management, balance sheet, funding, production proximity) are the ones you should carefully consider. Don't listen to hype and headlines posts, they are meaningless.
You gotta, No when to hold em., page-34
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Last
9.5¢ |
Change
-0.005(5.00%) |
Mkt cap ! $22.17M | |||
| Open | High | Low | Value | Volume |
| 10.0¢ | 10.0¢ | 9.5¢ | $139.5K | 1.407M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 40000 | 10.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 10.5¢ | 107369 | 2 |
View Market Depth
| Last trade - 15.56pm 04/10/2024 (20 minute delay) ? |
| BML (ASX) Chart |