RE:I like this actionVoxContrary wrote: Share price is up significantly (20+%) this week on moderate trading volume and flat Ag prices.
This tells me that someone new is accumulating shares, but slowly.
Given that I was already overweight this stock, I have the best problem in the world - trying to decide when to capture some gains as I rebalance my portfolio. Put simply, when do I let go of some shares.
Any thoughts on that? Given that I acquired some as high as 0.77 USD in 2014, I'm thinking of liquidating those when they get back there, but I would welcome some wisdom from this group as to what the 18 month upside is from here.
Since you asked. Don't sell at .77US. Let silver's two dynamics work for you. As a commodity metal with increasing industrial demand AND as a precious metal and thus an inflation hedge.
The company has made fundamental improvements with near perfect timing to take advantage of this silver bull market.
I expect SCZ to end this year between .50 and 1.00 CAN. 2022 between $1 and $2. 2023 over $2.
The $50 US silver all time high is probably and inflation adjusted $100. It could happen. You have to let it happen though.
Hang in there.