Bullboard - Stock Discussion Forum Sterling Metals Corp V.SAG

Alternate Symbol(s): SAGGF

Metals & Mining Industrial Metals & Minerals

Sterling Metals Corp. is a Canada-based mineral exploration company. The Company’s principal business activity is the exploration and development of resource properties. The Company is advancing the 24,000-hectare Copper Road Project in Ontario which has past production, and multiple breccia and porphyry targets strategically located near robust infrastructure and the 29,000-hectare Adeline... see more

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TSXV:SAG - Post Discussion

Sterling Metals Corp > Bad day in the markets

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Post by ValuePro on May 05, 2022 1:09pm

Bad day in the markets

Here is the news some may have missed this morning. It's bringing down most everything.

https://www.kitco.com/news/2022-05-05/U-S-productivity-posts-biggest-decline-since-1947-in-first-quarter.html

The fundamentals favoring Sterling have not changed, and I believe that the price will recover with or without news based on an improving price of silver (at some point soon).

VP in AZ

105

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Comment by ValuePro on May 05, 2022 4:35pm

Sterling closed flat in Canada today after starting the day in the green. Trading was thin. Late in the day on the US side, it spiked 8.45 percent ON TWO TRADES. These made for a minor victory when the broader makers were walloped - miners and explorers were slammed especially hard. Even the Dow was off over three points. Let's see what tomorrow brings ...more

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