The current NTA is 14 cents+. Before the news about gold mine the price is at around 8 cents. The news came and it shot up high. Yesterday before the gold price started to skid, it went up to 14 cents, an increase of 6 cents.
Gold price has dropped around 4% so far. For simplicity, take 5% of the 6 cents increase, it’s only 0.3 cents....
Furthermore, 14 cents hasn’t even fully reflected the profit this gold mine would bring because the current NTA is already 14 cents+...
Really no cause to go crazy and throw at 3 cents lower for an impact that’s supposed to be less than 0.3 cents.
One who selling at 0.17 to 0.12 days ago can do repeat buy at this current low 0.095. And in short time can sell again at ranges of 0.150 to 0.200 next.
Share it out to educate everyone about the opportunity and potential with gold counters. It also addressed those who concerned if gold counters are performing per spot gold price movement.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneykj
6,145 posts
Posted by moneykj > 2020-08-11 09:17 | Report Abuse
Orion rest today. Come help me to push Zecon to limit up.