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Bullboard - Stock Discussion Forum STLLR Gold Inc T.STLR

Alternate Symbol(s):  STLRF

STLLR Gold Inc., formerly Moneta Gold Inc., is a Canadian gold development company. The Company advances in two gold projects, namely Tower Gold Project in the Timmins Mining Camp in Ontario and the Colomac Gold Project located north of Yellowknife, Northwest Territories. Its Tower Gold Project is located approximately 100 kilometers (km) east of Timmins and hosts a total indicated resource of... see more

TSX:STLR - Post Discussion

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Post by Matteo1234 on Apr 05, 2024 9:53pm

tony

Pappi. Thoughts. traders' commitments for both gold and silver, showing commercials net short about 2.7 to 1 for each, are a warning sign that the most-experienced investors who own actual gold and silver as miners, fabricators, jewelers, and so on, are betting on the price dropping. Gold will probably fall by a minimum of 400 dollars an ounce from wherever it is topping out in this cycle, and perhaps by more than 500 dollars, while silver will likely drop below 20 U.S. dollars per ounce at least briefly
Comment by tony1969 on Apr 06, 2024 9:01pm
Thanks Papps. Crowded trades are usually wrong. Thay being said even if gold does drop a few hundred bucks it will still be above the $1600 US STLLR used in the PEA of both projects. If it falls I add more  I will be adding this coming week as well. Latest Sprott report dated April 4th put a $4.30 Canadian price target. They used only .2xNAV with a 5% drate and $2850 US gold.  Imagine if ...more  
Comment by tony1969 on Apr 06, 2024 9:09pm
Typo...Sprott used $1850 US gold not the $2850 I posted above their report this past week on STLLR...
Comment by Matteo1234 on Apr 08, 2024 12:47am
Thanks Papp. love your style. Stayhard