Post by
nozzpack on May 23, 2021 8:29pm
Money once again flowing into gold
The IT and Crypto sectors have now topped and that cash is now looking for the next hot sector.
That sector is now gold.
On Friday, reviewing analyst rating changes on my Investment House daily report, I found that almost all of the covered gold stocks were rated Outperform.
I have never seen such a rapid and universal alteration in gold ratings in my investment career which goes back decades.
So, we are looking at a revival of investment dollars into gold and gold stocks.
We have a huge amount of material and development news pending release in the near future.
Considering this along with increased investment flows into Gold, its a fair bet that we will exit June above $0.30.
Throughout the summer, we will see sequential releases of Murchison drilling results along with development news at Peranghi, processing of Colombian concentrate, construction progress of the Floatation plant and other new developments currently under consideration.
If all goes according to form, we have an excellent chance of exiting summer above $0.60.
Even at that price, we will still be very undervalued ..
Comment by
Goldfinger007 on May 24, 2021 1:16am
ody trading halt https://odysseygold.com.au/investors/asx-announcements/
Comment by
deiwel on May 24, 2021 5:25am
we need not to forget that we still hold 20% on this project and all drills are paid by ody
Comment by
SilverNS on May 24, 2021 7:22am
We need the NR telling all that drills are now turning on Murchison
Comment by
deiwel on May 24, 2021 8:10am
i thnik we got an newsrelease this week in combination with odys news from trading halt