Post by
tarsands on Jan 21, 2021 1:46pm
Profit taking for sure
I mean golds price is darn stable today really!
but the shareprice is down, profit taking. But its happening across the whole sector including the base metals.
Take a look at the TITTGD:
https://www.stockwatch.com/Quote/Detail?C:TITTGD
Its down 1.5% today and the price of gold is down .08%
I just see RED today and its in my Gold , Silver, Copper & even in GENM.
Comment by
NLMoose on Jan 22, 2021 9:51am
I don't think its profit taking as Marathon Gold has plummeted nearly 20% of its peak value over the last week. Usually, when stocks had a strong upward momentum, one day of decreases are fine as its considered profit taking. However, if a stock is going down for a one week streak, its not profit taking, but could be something more concerning.
Comment by
tarsands on Jan 22, 2021 3:59pm
Do not follow nor do I own shares of Skeena, wish I would have bought some alot earlier say Jan 2019 @ .30. 11 bagger. I just do not know if MOZ will build the mine itself. Might be bought by FNV for a premium we shall see, maybe we would get some kinda Royalty as well.???? I wouldn"t worry as I said even if it goes $2.50, and the lowest on this pullback was so far $2.72
Comment by
theCurse on Jan 22, 2021 8:13pm
NervousGoose, Sell and move on. Sleep well at night. otherwise, stop posting every time there is a big down day. i never hear a peep from you when MOZ sets new highs. as opposed to a great producer i own (EDV), MOZ has outperformed the producer signficantly over the last few months. tC