Post by
NastyCat on Jan 21, 2021 11:56am
Nova Royalty
EB's other venture has totally left Metalla in the dust!
Comment by
risk53 on Jan 21, 2021 8:05pm
What!! 2 years ago the pps was @ $2.42. Were up 500% since then. I own both, but don't say anthing bad about my baby....
Comment by
NastyCat on Jan 26, 2021 12:04pm
I got in at $4 but Metalla is getting beat up pretty bad these past 3 weeks. Down over $3/share. Selling MTA 3 weeks ago and buying NOVA Royalty would have been good but hindsight is 2020. Unfortunately gold and silver are always a target for manipulation on the paper market.
Comment by
math84 on Jan 26, 2021 2:06pm
let's hope gold price stabilise or return closer to 1,900. this would help the share price to recover in the 15$ range... still own way too much and I now regret not selling more in the year-high range...
Comment by
NastyCat on Jan 26, 2021 2:29pm
Hope is not a trading tactic. Oh well... easy come easy go. I'm down $200k on this stock over the past 3 weeks. Yes... EB is in the dog house. His predictions were good up to about Oct 2020 then everything went sideways. This is like your worst nightmare when stocks turn like this. This Biden admin looks like a disaster in the making.
Comment by
Tommy2tone on Jan 26, 2021 2:59pm
All the selling is loose hands basically. Like you said it is a success story and the economics at the moment haven't been entirely digested. Weak US dollar, more spending in the US, tarp intervention by central banks all add up to higher precious metals prices in short order. Just be patient and you will be rewarded handsomely. Good luck to all!!
Comment by
NastyCat on Jan 26, 2021 3:19pm
Yes... down over $50k today alone. Not a happy camper.
Comment by
math84 on Jan 26, 2021 3:32pm
yeah I share your pain, down 10k.... oh well. what's frustrating is to see stupid stock go up because of robinhood traders .... and gold going sideways because of the banks or what ever....
Comment by
NastyCat on Jan 26, 2021 4:56pm
Noone wants to acknowledge it but the banks and pro traders on the futures market manipulate the snot out of the precious metals... because they can. EV calls it "managing" aa he can't viewed as saying such a thing.
Comment by
FlyingV67 on Jan 26, 2021 3:32pm
The PM sector is getting beat up, notthing specific to MTA. I have no intention of trading / selling any of my position in Metalla for many years. Anyone have insight when they intend to re-start the dividends? FV67