SVM - Sovereign Metals

[UMike]

@debtfree I think the only way I'm going to catch @UMike in the yearly comp is if there's a TO lobbed at either SVM by RIO or PDI by PRU in the next two months and then someone else wants in and there's a bidding war for either or preferrably both. Only two months for that dream to eventuate.

Or MSB could do it for you. down 13% for the week.

Thanks for the link.... Looks interesting, On the radar now

 

[Sean K]

A please explain, or RIO have just got enough to make a TO. They only need Blackrock's shares to do it.

 

[Sean K]

@debtfree (you're the only one else forced to look at my posts in this thread) unfortunately that prior sharp push to 80c stalled and it went into consolidation for 3 weeks. Almost back there. Would be nice to see a 1 in front of the price by Xmas. Will probably take a stooge broker for RIO buying up stock that they then give to RIO in a TO.

These guys are doing a lot of testing. It's test, test test, with no end in sight. Just dig the crap up and post it!

Hmm, maybe it's not the same as Fe.

 

[Sean K]

Broke an ATH yesterday, but just intraday. Hopefully that's someone linked to RIO topping up.

Really doesn't like to push through this 82-83c zone.

Apart from RIO finally taking over the next catalyst might be the MRE upgrade in early 25 where they'll put out an ore reserve to cover the first few years of mining.

The other thing may be more news out of China that they'll further restrict critical minerals such as titanium and graphite from export. That could be part of the inevitable political and financial moves that will follow their blockade and attack on Taiwan.

 

[wayneL]

Is this the company Fat Cu... errr, Fat Tail Research is spruiking, trying to spruik their newsletter?

Mrs forced me to listen to one of their spam vids on Facebook and is sure sounded like it.

 

[Sean K]

Is this the company Fat Cu... errr, Fat Tail Research is spruiking, trying to spruik their newsletter?

Mrs forced me to listen to one of their spam vids on Facebook and is sure sounded like it.

Dunno.

I'm surprised this is actually going OK. Other graphite and rare earth type things are in the dog house.

Maybe RIO are just propping it up.

 

[wayneL]

Dunno.

I'm surprised this is actually going OK. Other graphite and rare earth type things are in the dog house.

Maybe RIO are just propping it up.

It was interesting Sean, a very compelling case about the shortage of titanium to facilitate a number of modern necessary technologies. But every other titanium company I looked at seem to be in either a downtrend or in the doldrums, Sovereign being the only one being in some sort of an uptrend that I could find.

Of course I remain unconvinced to subscribe to their newsletter, or go balls deep in titanium in general.

Not holding, but will keep an eye on it