RE: Nick Mather...15 Jul 2024 16:38
Affirm...
I am very confident of Directors deals this week and that alone should firmly establish us above 10.60.
I still see 14p as the next significantvresistance, but it takes time for institutions to make investment decisions...
You cant blame them for having held off as many on here have all the time there were reasonable cash concerns...
But all that is past now. SOLG is a sound medium term investment now. 35 million shares traded today, pretty much evenly matched but I suspect the sales will have gone into firmer hands.
IMO it's only a matter of time now...
Gold will hit new all time highs. GDX and GDXJ will follow and I believe we are already into the next metals/junior miners Bull market.
I would not have been surprised if the SP had hit 20p today but what will soon become clear is that there is absolutely no reason to sell and every reason to buy, confident for the first time in more than 2 years and ever since the hapless Darryl was dispensed with, that we can be confident of an upward trajectory...
Hope this helps...SP on TMX still 11p equivalent...
Good luck