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Re: checkmate28 post# 32320

Wednesday, 04/20/2016 7:29:06 PM

Wednesday, April 20, 2016 7:29:06 PM

Post# of 35716
CM, at this point it's either bankruptcy or survival for Dynasty. If the former, congratulate yourself after you sell tomorrow; if the latter, you will have to avoid seller's regret as if they do get their act together and the PoG cooperates it's a ten-bagger.

I think bankruptcy is much more likely but since I have a now small position from much higher I think I will hold and see what develops.

The grades at Zaruma are great and they seem to have finally got to the mining area they wanted, but narrow vein mining is always so unpredictable at the best of times. And if they don't persuade the contract miners to return soon they are definitely toast unless they can sell Dynasty or Jerusalem for a substantial sum, and quickly.

it sure has been fun to watch everything pop the last few weeks, particularly my most recent spec buys CDB and SBB. I also recently grabbed some more Starcore which I think could be another ten-bagger if everything goes right.

LC

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