Post by
darter2 on Aug 01, 2019 3:35pm
Rate cut and gold powering up on new China tariffs
I said it at 0.15 back in June and I'll say it again....WAKE UP FOLKS!! 1500 gold is around the corner now. It will not take long for investors to start flocking to the juniors including SSP which is one of the best leveraged plays of all IMO. We broke 0.25 yesterday on good volume and I anticipate good follow through on this as things sink in. A breakout is highly possible and definitely due here.
As always good luck!!
Are there any longs left out there (other than the silver freak....)??! Be good to hear your thoughts.
Comment by
StockMasterGods on Aug 01, 2019 5:13pm
Do SSP liabilities increase as gold increases due to the streaming deal. If SSP cant deliver the gold then they will have to settle by cash. Any comments.
Comment by
Heywood_Silvers on Aug 01, 2019 8:56pm
I'm long and strong on this play. SSP is my 2nd largest holding (after WRN) and it is one of the best optionality plays on the price of gold, the other two being SPA and THM. I fully anticipate a buyout by Gran Colombia, hopefully once this is trading north of $2.