If you are a fan of silver, follow people like Clive Thompson then keep an eye Sprott PSLV specifically the NAV premium. I only hold UFO as a punt having been taken in by the Hanc@ck story like many others. West Coast might be the silver lining?
Today's RNS is encouraging but progress in Sweden painfully slow. The oil shock is upon us, AI needs more electricity than most grids can provide yet Nuclear Energy plots along at a snails pace!.
Not because this is an investment but because it's a good punt imo and the RNS was as good as I expected. I hope to sell in a month or so for a good profit.
"advises that the reason for the trading halt is to prevent trading taking place on an uninformed basis and to facilitate an orderly market in the Company's securities pending an announcement of a JORC mineral resource estimate for its Elizabeth Hill project;"
But.....Asian stock markets are Up slightly this morning. Does this suggest we are past peak uncertainty and that markets recognise that oil & gas has to be purchased from other sources and places?
After the first Gulf War the Kuwait oilfields were left burning and the world was convinced it would be armaggedon for the environment and oil prices. It all blew over within months.
How badly and for how long will the Iran War impact on oil prices? Longer than we think I feel so happy to hold HBR for 2026.