Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Rob- Gold bull run may help to lift the sector sentiment.
GGP and Buritica are of different leagues.
I don't think much about gold price movements as long as B and L are incharge as they've tendency to kill any joy for the shareholders.
Current placement overhang will turn into warrants overhang ...and the loop shall continue in vicious circle.
Let's hope they build some story and credibility for their own good in coming months.
For now I'm focused on only a month at a time. SP has certainly gained some momentum in volume to continue the consolidation,and a bit of uptrend in recent weeks.
Let's hope some frenzy fireworks comes our way this and the next month.
Fingers crossed.
Wolfy- Agree the volume isn't exactly sparkling at the moment, however 4.40p (warrants) range has now became a new resistance level....so traders shall flock in and placement over hang shall continue, and that in itself would push the SP above 5p imo.
I currently don't have more spare funds otherwise I would be adding big time.
Rob- I'm not a ramper or deramper....I just post what I think at a given time. Yes, I've been bullish or bearish for sure.
Brad had been an elephant ramper in the past, and Zak the miserable recruit failed at it for 5 years too.
Please don't mention it again.
Thank you.
Script has hinted....next two months will be interesting to confirm 100% ownership and drilling...to build some story and credibility.
If they can't resolve medium term funding issues...than I would expect a relatively bigger placement in end of July....albeit at higher SP in double figures.
For now, it's time to add, add, and add.
Not sure what it is...whether a big order in the back ground is being filled or not....but I didn't expect a full hour without trade....and NT or controlled buying for that long in past weeks or a few.
Lets see, we may know after trade hours or late print??