Post by
gldbug on Feb 02, 2022 3:26pm
What's going on?
Impressive volume and share price movement these past few days?
Why? Anyone care to speculate? Please chime in. Would love to hear your thoughts.
Sure, the price of gold has inched upwards, but we've been higher, so that can't be it.
Geopolitical fears (Putin)? Doubt it. Markets don't seem to care.
Inflation? Interest rate hikes? Typically work against gold, so that's not it.
So ... what could it be?
Lassonde Curve pure and simple? Investors are finally taking notice? Maybe. But something doesn't smell right. It's too much, too fast. OSK is outpacing other companies in the mining sector.
Manipulation? We've seen that before too. Which would mean pullbacks. But that isn't happening.
Good news forthcoming? A new find? Financial backing to go to the next stage? Maybe.
But perhaps, just perhaps, a friendly deal is being hammered out in the back, and some of us are in the know.
My gut is telling me the end is very near.
GLTA
Comment by
007Goldfingers on Feb 02, 2022 7:10pm
Didn't they extend the warrants exercise date by 6 months. Maybe there trying to get the stock up to exercise price. Nothin else has changed.
Comment by
gisellekronk on Feb 04, 2022 3:56pm
a lot has changed in the market , and people may be waking up , to start thinking holding some golds is a good place to be , if int rates are going to start going up . historically , a fed rate hiking cycle is good for the gold price , which should raise the gold stock prices .
Comment by
Sdeen33 on Feb 08, 2022 12:01pm
we hawve inflation hitting record highs, and gold is going down. I no longer think gold is the hedge against rising interest rates and high inflation.