That's the great thing about holding high grade gold stocks....

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Midnight26

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09/02/18

21:58

Post #: 30959767
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Originally posted by TagH ↑

Hi Andy -

volatility has certainly picked up and it certainly seems as though with algorithms (AIs) running the show these days that ‘flash crashes’ are on the cards as per Monday and today’s actions. It seems as though something is fundamentally broken in the background causing liquidation ... in the last 30 days interbank loans have taken a nose dive (meaning mistrust between the banks is now at a level not seen since 2008) ... just my opinion

so market up days like Tues-Thurs were probably “buys into selling distribution” ... I don’t think it was any coincidence that volatility picked up last Fri at the exact timing of the FISA memo release and Trump’s Fed Chairman appointment (who is probably saying “holy xxxx”at this moment) ...

we also have 10y yields breaking out of long term downtrends that is probably the most critical factor in a debt addicted market

anyway, couple of hurdles to get thru with this stock ... namely environmental licenses which are hopefully a formality for drilling areas and trial mining licence application ...

this stock jumps on news .... I don’t want to be chasing it after the drilling results are released

(imagine if this deposit is one of the most endowed in the world on top of a potentially rising POG?) ...

TagH

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That's the great thing about holding high grade gold stocks. Even if the world economy goes down the toilet and the POG sinks we'll still be printing mountains of money.

BBX Price at posting: 24.0¢ Sentiment: Buy Disclosure: Held
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