Post by
georgemarch on Jan 15, 2021 10:51am
What's Up!!?? JMHO
Consolidation for now ($10 +/-). Big FVI and other producers move coming in March/spring with pm prices rising. All a result of US stimulus package, inflation expectations, seasonality, expanding bull market, commodities prices increases...... and of course reports of earnings.
Love FVI chart. Nice base forming continues. 15$ CAD is very realistic based on forecasted earnings and average p/e ratio for sector
Hold on to your hat for now.
Comment by
crow27 on Jan 15, 2021 11:23am
Many good buys out there right now. A good haircut right across the board. They say buy the dips.
Comment by
SKRiderFan on Jan 15, 2021 4:45pm
I don't see anything out of the ordinary due to the seasonality of precious metals which usually make their move at around the end of Jan. The drop before that time is normal, also a good time to pick up miners on the cheap. As for good buys I picked up PMG, they have a mine coming online in q1 their first pour was on Dec 30