RE: RE: Opinion on market and SFF(correction)Looks like you'll have to sell cavcalade. Support is 20.5 . Will you buy sff cheaper? Maybe before the dust clear's.
Look at small producing miners. They aren't moving up either on new gold price. Because they haven't showed the earning to the bottom line as they haven't sold any at the new price yet. Maybe in 3 months once they show new returns on hugh investments they will move up. With sff you have to wait a lot longer to see any return on money.
As it goes they will back looking for more money to keep drilling. That means more shares and in this market lower
pp as money will become harder to get.
In the short term all stocks will have to trade for weeks ,months just to get back some where around old support levels. Today's bounce is normal after what we seen yesterday. My view sff is cheap at this level. For what they have proven up so far. Compared to others trading close to the same price and haven't found a single ounce yet.
Just my view .
Littleguy