Post by
oilisswell on Dec 01, 2020 12:11pm
Gold and silver volatile
Metal prices have been extremely volatile of late. GGD SP reflecting the uncertainty in the market. The trading volume has been weak, likely helping to keep the SP relatively flat. If the talking heads are merely close, the price of gold and silver will remain firm and GGD et al will move much higher.
We should get another update on LRN soon. Hopefully the results continue to strengthen the resource.
Comment by
stockfy on Dec 02, 2020 5:14am
Gold will not see $2,000 again anytime soon, so the gold stocks, producers and explorers, are doomed to correct. GGD is primarily a silver producer, so it will move sideways for the next months.
Comment by
narmac on Dec 02, 2020 7:10am
,,hummmmmmmm,,,so you are saying that no matter what drill results come out of LRN they will have no effect on GGD share price?.....I dont accept that your position has merit. And dont count charly22 out,,he or she has already proven they can get our share price moving in the direction shareholders enjoy!!!! :o)
Comment by
oilisswell on Dec 02, 2020 6:38pm
Cautious trading and low volumes suggest a base forming in the 1.50's. Agree that catalysts going forward will be metal prices along with proven resources. The Parral process has intrinsic value as well, especially since there are numerous tailings ponds waiting to be exploited. GGD spent time and money developing the process which is profitable and desirable.
Comment by
Truffle8piggzzz on Dec 06, 2020 9:08pm
Adding on weakness,base forming setting for a run imho..
Comment by
JohnFriesen on Dec 07, 2020 12:28pm
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