People who post 60p just post 50p when it drops a bit then 40p and so on... they are typically bored people, mostly with nothing else to do. They tend to post of multiple stocks and boards so by the law of averages at some point will be right on a stock somewhere. They then post a lot of that stock/board claiming they are a guru... and repeat....
Current betting is 75 but also some are 50, depends on which newsfeed you read... there's seem to be more on 75 then slowing the increases until a decline again from Feb2023... Newmont and Barrick not doing so well today but there's a few hours til close.
The reason for me is the recent few RNS, and continued honesty on costs, albeit constantly conservative. Once inflation tops, levels and drops, the radically undervalued stock will increase it's rises.
Just out of interest Wildtiger- what made you buy in at pretty much the lowest point yesterday when you posted this at around 11:00?
Wildtiger Gold heading lower21 Jul 2022 11:15 Looks like gold wants to go to 1500-1600. Not good for CEY. Patience is the key here, wait for the gold to touch the 1500 range
Agree Halfpenny, would have been very bad had the RNS been poor. Gold is a weird one at the mo, but I don't hold any gold, well apart from all the gold jewellery on my partner lol
True- but the SP is in the toilet plus meeting expectations now and expansion possibilities there now, plus the changes they made will give greater control of costs