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Re: wshaw14 post# 1477

Tuesday, 11/28/2017 10:34:17 PM

Tuesday, November 28, 2017 10:34:17 PM

Post# of 1870
i think the report will be very solid. All factors discernible suggest this will be the case. This time period is excellent to grab this miner which has real value. Consider that it doesn't take a brain surgeon to project this as a 400K ounce miner next year. gold to average 1350, they bring down costs to 600, which is still above the original plan, which was around 500, but this still leaves 750 profit per ounce, or 300 million, times PE of 20, which i would argue is the minimum it deserves given its safe jurisdiction (all gold miner pe's are way to low but over time they will expand, this company leading the way)...We have a 5 to 6B market cap in a year from now, as the market connects the dots, as then the company can repurchase the stream and get all of the production, refinance as needed.....etc...THIS GIVES NO CREDIT WHATSOEVER TO WHAT APPEARS TO BE TERRIFIC PROSPECTS FOR A NEW HIGH RICH VOK TYPE DEPOSIT, NOR DOES IT GIVE ANY CREDIT WHATSOEVER FOR THE LONG PLANNED FOR PERMIT EXPANSION..............which by this time next year will have taken place, allowing for 500K+ annual production....
so this is a terrific investment in a nutshell.
If gold ends next year at even 1400, given the metrics above, we are talking a 25 dollar stock, easily a 25 dollar stock imho....
The gold sector is still cold as a witch's teet, but it will slowly move higher and in fact is lagging due to bitcoin, but I look for it to move higher. It is woefully undervalued, my 2c