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Wow, silver is getting smacked. Looks like the Ivy boys are going after the Reddit apes. No doubt silver will run up after all the margins have been liquidated.
Just did a review of the 6k....and Rob Henderson has done a fantastic job of cleaning house!!!!!! G&A is way down. Looks like he trimmed the fat.
Net earnings are .04 for the quarter and Zacks is clearly wrong again.
One minor grip.....How does one have overdraft fees with 63 million in cash? My ex-wife must be paying their bills.
Bob, Why is Zacks doing another hit job on GPL?.....Except for the exclusion of G&A from the AISC, the report looks ok.
Gpl active tonight, but down with the spot price.
I’m still seeing 30 to 40% premiums for eagles over spot. It must suck to be Phil as the miners get none of this.
Interesting that short volume yesterday and today were at 27%. This evenings after hours trades are positive based on the on balance volume. One can assume that the stock went down with the rest of the PM stocks without any consideration for the expected positive earnings tomorrow.
I hope they stopped those currency hedges as they are really bad at it.
After hour trades already interesting....one share, two shares trades right off.
Payed their fees for OTCIQ....So are the filings up to date.
Another day where the only ones selling are the shorts.....Earnings release tomorrow
As much as this had been beat down, it will rise three fold.
Yawn.....No one is selling but the shorts.
Hmnn,,,,Gold and Silver are up this morning and all the miners are down. What planet are we on?
Swing time
It’s looking like a rebound tomorrow. Chart wise, this is going to 1.40 but never as fast as we desire.
My thought is that it will run towards 2.00 when silver goes over 30.00. The new drill results will kick it into high gear as they have mill capacity for a new dig. Very little investment will be required.
Silver is the most undervalued commodity on the planet. Things will change as It is my belief this current drop in the PMs is a shakeout prior to this upcoming run past 30.00. A 1.9 trillion stimulus just might have some effect on the metals.....might.
Hope we get .05 or .06 fourth quarter earnings
Today is going to suck.
Short interest today fell to 19%. I would guess that we are getting near to a huge run up.
Next stop 1.40
I dispute that short information. There isn’t a chance in hell that information is correct. Day after day Fintel reports the daily short volume as being 24 to 35%. This goes right along with Zacks stating that GPL missed earnings whereas they actually beat expected earnings last quarter by three cents per share.
Upward pressure on silver tonight.
Well Bob, short interest was 24% today. About 3 million shares. ....On another note, if GATO can be 16.00, then this should 50.00. This is the dumbest market ever.
Looks to be a short attack premarket. Buy the dip.
Things will get real on Wednesday if this 28 price holds.. Huge premiums still on physical so one would think there would be a great many standing for delivery at Comex.
24% were short sales today, which is interesting as I would have expected to be higher.....Perhaps the shorts are seeing that we now have support, such as it is.
—-I expect a move to 1.40 in the near future.
Going sooo much higher
It’s good to be wrong. I’m in for the long haul.
Premarket looking interesting
Here we go again....Silver almost 28.00....Then in the AM, Silver gets sacked.
Yesterday (Friday), 35% of all GPL shares traded were short sales. Over two million shares.
Thanks Bob,.....38% of all GPL shares traded yesterday were short sales. That’s over 7.5 million shares.
The big problem is that they lost 40 million dollars in some stupid derivative deal. WTF.....Phil needs to go. .....it’s like this is a circus clown car.
If they get rid of Phil, the Montana mine can move forward.
Now we see why Lindsey is retiring. Losses on derivatives.
Short interest has dropped to 19.7% and to 11% to borrow shares.
This will really be interesting to see if a good report can overcome the monthly Comex beat down.
This sure isn’t acting like a stock which is about to receive a good earnings report. Boy, does one have to trust their numbers.
Such a great company. This should be in the news and have momo players all over it.
Now that this has held over a dollar, my guess is that it will work its way to 3.00 over this year.
Silver running up tonight. Spot over 28
Spot currently over 28