I only like this for a small position. There is a pretty low probability that it will drop to this point, but they arent currently mining silver and could see a sell off happen because of global depression before reaching new ATH after they start silver production. Its very possible this bounces at the 0.056 level, but I am willing to miss out if that happens....
Rare earth metal needs for batteries - ammunition production. They are only American-licensed antimoney smelter After breakdown - good consolidation between 0.36 - 0.45 range. Seems ready to breakout. Volume is creeping up slowly with one day last week showing 3 x the average volume. Recent insider buys @ 0.45 Jul 18, 2022 Buy 65000 Bardswich Lloyd United...
Bullish Thesis for UAMY: 1. UAMY share price has historically followed the raw price of Antimony. The last period that it traded in a similar price per metric ton was 2011-2012, in which the shares price traded in the $2-4 range on average. In 2021, the share price only briefly exceeded the $2 mark. 2. China is the world leading exporter of antimony and there is...
United States Antimony Corp. engages in the exploration, production and sale of precious metals. It operates through the following segments: United States Antimony Operations, Mexican Antimony Operations and United States Zeolite Operations. The company was founded by John C. Lawrence in 1969 and is headquartered Thompson Falls, MT. SHORT INTEREST 235.6K...
Selling being absorbed was followed by a decent accumulation period with regard to duration, and this was followed by a fakeout. The breakout was strong in terms of price, but the volume didn't back up the move. Price retraced the next day. The close this week has the UAMY with some some bullish candles in terms of both price and volume, with deep lower wicks. I...