RE: Support line breach25 Apr 2022 10:12
Yep I get the seasonal low, my point is that the production guidance for the 1st quarter is already known and as such one can expect the market to have priced this in. All we are seeing is knee jerk reactions to central bank hints which are flannel in my view. The market is due a massive correction and long over due; no doubt gold will go with it as it always does but then it will fly after a few months which again it always does. My investments are here and one other producer with little or no debt and as a long term investment there are compelling. Shanta is a a great long term hold but short term who knows it is down to market emotion and hence why I will buy like crazy to top up if we go anywhere near my entry price. my point is my strategy is investment in the company not the spot price and to take advantage of opps that present in the longer term. On that we agree it seems :)