Post by
oilisswell on Aug 02, 2023 4:25pm
GGD $1.36 ?????
Wow, just wow. Gold well over 1900, silver still close to 24, and people dumping GGD like it was bankrupt! No question the delay to get the LRS PEA out in a timely manner is spooking certain traders and affecting the SP, but $1.36 is pathetic in light of the size of their deposit and the enormous potential. Not all that long ago investors lined up and paid $2.85.
Capitulation is at its strongest just before a rapid rise in price. Stronger volume today certainly indicates that as treaders bail, at these prices investors happily wade in. Come on Brad, give us the news already and get the SP where it should be!
Comment by
tsoprano24 on Aug 03, 2023 1:49pm
I agree, wow, indeed. Bought some yesterday at 1.08 then 1.06 and it still went down more today. Missed getting some at .99 today. Brutal but I do think this area will be good for a pop to 1.20 -1.30 US range soon. Silver should start moving back up but with the manipulation it won't be easy. Patience. T