Well I do believe we would get new money coming into this stock if we did break the imaginary threshold of 950-1050 POG but until then the gold price will have no affect on SGCP.
When you have an illiquid stock like SGCP it doesn't react at the same sensitivity level as lets say GG or AUY. To explain this so it dispells any more confusion I will use all 3 different outcomes in price movement.
First if gold spikes a large amount SGCP would react in the following manner according to SGCPs production and relative business health. If SGCP is in the potential stage as we are in right now it would go up 4x-6x the current levels and if it was in production stage it would go up 10x-30x.
If gold trades relatively sideways like it is now SGCP would act in the following manner. If SGCP is in the potential stage it will react like it has. If it is in production stage it would be a steady but slow PPS movement.
Lastly if gold tanks SGCP would act in the following manner. If SGCP is in the potential stage PPS would deteroiate a lot more than it has now .001 to .0015. If it is in the production stage it would go up painfully slow or maybe not at all since the expectations are to have gold go up.
The multiples above are not to be taken literally but more as a concept but it could play out that way as well.
Again GLTA I hope this clears things up, you cannot take price movements of securities on the nasdaq that has hundreds of millions of dollars, of exposure everyday and expect that to happen to a stock that sees a 5 figure dollar amount of exposure on average.
"More is lost in indecision, than wrong decision"
