TMLonggun, I concur, any significant price appreciation in this stock, or most of the mining companies, will hinge on what the precious metal do. Yes, my reference regarding a potential COMEX default was that they wouldn't deliver obligations in physical metals and instead would pay their obligations using fiat dollars (which defeats the purpose folks were trying to achieve by protecting some of their asset wealth from downstream inflation effects).
Looking at the LODE chart, it looks like the share price slide has finally subsided. The two month chart reflects base building. As long as there are no further dilution deals in the near term this may be the bottom. Need a decent reporting quarter to get things on the mend.
Anyway, have a good one.
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