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Nicely explained Marmot and I totally agree. We are like a coiled spring here waiting to explode. Gold will soon be back above $1900 and working its way towards all time highs again....the gold mining sector is about to become very popular in my opinion. Also the fact of CEY’s way overdone pullback bodes well for a more decent rise in the near future
Some of those trades in red are my buys so don’t look at that for 100% accuracy. Gold breaking out today by the looks of it
Nice to see larger trading volume, once sales figures come in we should see further rises as we see what volume of tests are being sold over the coming months, well done DB and the GDR team, FDA EUA approvals should be here soon, then this opens up India for us. There's also that European Health ministry deal - hope to see an update on that too!
NCYT went over £2 at the start then pulled back to 50p area before then rising to £5. Similar story for GDR up over £2 then a deep pullback to similar area. Once the orders start rolling in ( and they will soon ) I expect a similar rise up. Check the charts yourselves. No need to reply nutmeg & friends. Exciting times coming for GDR
NCYT went over £2 at the start then pulled back to 50p area before then rising to £5. Similar story for GDR up over £2 then a deep pullback to similar area. Once the orders start rolling in ( and they will soon ) I expect a similar rise up. Check the charts yourselves. No need to reply nutmeg & friends. Exciting times coming for GDR
Correct....obviously sales RNS to follow like exactly what happened in NCYT....and we all know what happened then. There is enough demand for many many companies for a long time to come. Too much demand as its a huge global problem.
Lots of jealous bitter desperate people around, love it when they get the middle finger....lol
This is a turning point for GDR. I’m sure lots of good news will start coming in from now onwards. I’m not saying this will increase multiple times. But for sure it has potential to do just that. GLA
I’m sure the actual FDA approvals will land this month now as this news today has been granted...then the real rise will begin and especially when order news starts flooding in. Sentiment has changed....lots of testing required for many years = many 100’s of millions of $$$ to be made
UOG could potentially be an amazing growth story. With Egypt’s fully funded drills incoming with 80% chance of success:
Italy gas revenues
Egypt gas revenues
100% Jamaica licence & potential partner/partners
Crown deal
Newly awarded blocks
Now it’s easy to see why we have 25p broker targets...being patient here could be very well rewarded indeed
A nice steady share price rise is what we want. Not a huge spike then a plop. We will be back over 150p in not time and then a nice steady climb back to all time highs. Stimulus due from the EU this week & very soon from the US....and this is just the beginning
Long term chart pattern for gold has formed a lovely cup & handle set up. I had already seen this taking shape some time ago, this video explains for those that don’t know what it is. The projected upside is $2800 to $3000 once the breakout happens. Now what would that do to CEY share price?
https://youtu.be/4h7qMnC1M4k