RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:CHANNEL TOP AT 19.5? HMMMM
Ford, now you think I'm an institutional buyer? I thought I was a basher? Didn't you have me on ignore? I wish! If I knew the direction of SP, or had any influence on same, man o man, my PF would look a lot stronger I'm only guessing that this will drop to .12 based on the last year and a bit of history. The market didn't care about the first 30MM ozs (as illustrated by the 3cebts away from 52w low, and falling 52 week high). The only thing different I see this winter versus this time last year is that there is no hype for this play anymore, COVID is soon to end, and gold is off $25 bucks. Expecting a different result with the same inputs is foolish IMO. If this play was bet on in Vegas, what would the spread be on an up or down push? Betting a rise wouldn't pay 1:1 lol.