Post by
Blazesb on Aug 07, 2020 7:36pm
My Take On Today's Selloff
Investor psychology at work. Silver explorers popped higher today on wishes and dreams while Santacruz was beaten down with a stick like the proverbial red-headed stepchild.
Never mind that Santacruz just locked up a third mine that will be wildly profitable. Mr. Market says 'So what'.
It didn't help that the company has made no public explanation of the uncommon length of the recent halt. Hey management, reach out throw us a bone here! We ohly own the company and back you to the hilt.
Sigh. The neverending frustrations of the market on full display. But that's all just about today. .
This thing is setting up beautifully. Here in the real world our own wishes and dreams are backed by some mighty powerful facts. We are about to undertake a wonderful ride.
Cheers!
Comment by
wanderer9641 on Aug 08, 2020 12:20pm
I really like the idea of taking a 60M market cap producer and for an extra 23 million we can double production - Sounds like a win to me.