RE:New Year, New Thoughts?I think gold trending up is the only significant upside in the short term.
With inflation, interest rates and the sentiment around the markets right now, I am expecting a decline to the 0.30s before long.
Anything under 0.30 is a buying opportunity for me, but I am on the sidelines tii then.
This is going to be a tough year for the stock price. I think raising capital will be hard as a number of warrants expired in December expired under water and I don't know how likely their major investors will be to buy when they are dealing with the same inflationnary expenses we are all experiencing.
The major market mover (other than a sale) that Laurion could initiate is a MRE. I think it will be the summer or fall before they announce it. Hopefully the market will be a more stable then and we could see momentum from that.
I think that even though "a buyer could come along at any point", there is only a neutral to negative sentiment regarding that possibility in the short term.