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Negative start which somewhat was not a surprise after yesterday big jump....but I am fully expecting to turn blue as the day progresses, and of course finish positive although not as much as yesterday.....a little consolidation will do no harm at all and will support further sustain rise in the near term.....IMHO.
GLA.
Good morning guys,
Https://www.northernminer.com/regulatory-issues/canadas-regulator-clears-newmonts-acquisition-of-newcrest/1003856900/
Mining giant Newmont (NYSE: NEM) said on Tuesday the Canadian Competition Bureau had cleared the company to proceed with its intended acquisition of Australia’s Newcrest Mining
https://seekingalpha.com/article/4609146-swallowed-by-giants-newmont-and-newcrest-mining
“Minor assets (in the scope of things) brings Newmont into Ecuador w NCM's 32% of monster low cost Lundin Gold ownership plus a stream. NCM holds a stake in SolGold w BHP, the huge Cu/Au project in northern EC. Plus NCM is funding $LUGDF exploration of its big leasehold for a 50% earnin.
If NEM decides it wants to get out of EC, these assets would bring a big price. Billions.”
The market reaction to today news is as a direct reaction to the poor data from China,....
NOT, as a result to news here which I regard as very positive indeed!!!!
So don't count your chickens yet is my message to few of the locals doom mongers.....
GLA real SOLGers.
There is a big seller/s in the background, it's clear to see.....it may create an opportunity to pick up cheap shares if you believe in the science and the potential,but I rather wait a wee bit longer before taking the plunge, it is possible it might go even lower....like always it's all about timing....to buy or sell,....and luck of course.
:)
Better something than nothing.....and if this is the case than it's positive news but that's just about that,I wouldn't describe it as excellent news.....
Yet,to bring the LIGHT machine into the medical world will be certainly brilliant news as a potentially revolutionary treatment for cancer, lots of hard work has spent on that system so to finally to get it work will be massive to many sufferers. This is for sure.
As for us share holders lets just hope that we may get a little rewards for our loyalty one day, but I doubt it will be much or soon enough.
GLA.
Blimey, 10x 20x or 30x surge of junior explorers/miners sound rather over zealous and too good to be true.....HOWEVER ,3 or 4x would keep most or all here extremely happy and certainly more realistically in the medium term....
Yet,first thing first let's see dbl digit SP back after such a long long wait.
GLA guys.
I said something about the benefits of slow cooking the other day.....:)
Very encouraging update today that for sure will get some eyes rolling by some....(0.8p placing...)
HOWEVER, still lots to do to earn a genuine respect.....but it's a good start.
GLA.
Probably worth a punt at this level if you can stomach the risk as rewards could be very rewarding......I managed to average down buying at half of this price but lost my appetite now at least until some further development ....
Squeaky bums time.