Followers | 163 |
Posts | 7075 |
Boards Moderated | 0 |
Alias Born | 04/26/2010 |
Wednesday, November 29, 2017 7:56:30 AM
I say Gold is Cold. Buy em when they are down.
When looking at buying a gold miner, it is really 1 plus 1 = 2. wshaw's analysis, or this poster Al's is the 1, (or my own pretty much although I use 1350 pog). These pvg projections essentially are based on a static or fixed pog, and so are dependent on the company simply executing now that the mine is built, and as the mine was in fact built (with some overage in costs which is in the past now), and since the mine does appear to be exceeding mine plan in terms of every metric), and since mine now exists, if the company merely executes, the stock will rise dramatically. The "second 1" is something totally unrelated, a rise in the commodity, per his article below. If this happens, and the mine executes (quite apart from other positives the company has going for it), then 1 plus 1 does not equal 2, it equals about 8 or 10. The market scorns his analysis below, but he may be even partially correct who knows but gold does in fact have a history............so who knows
....https://seekingalpha.com/article/4115789-gold-move-1160-2500-medium-term
Avant Technologies Equipping AI-Managed Data Center with High Performance Computing Systems • AVAI • May 10, 2024 8:00 AM
VAYK Discloses Strategic Conversation on Potential Acquisition of $4 Million Home Service Business • VAYK • May 9, 2024 9:00 AM
Bantec's Howco Awarded $4.19 Million Dollar U.S. Department of Defense Contract • BANT • May 8, 2024 10:00 AM
Element79 Gold Corp Successfully Closes Maverick Springs Option Agreement • ELEM • May 8, 2024 9:05 AM
Kona Gold Beverages, Inc. Achieves April Revenues Exceeding $586,000 • KGKG • May 8, 2024 8:30 AM
Epazz plans to spin off Galaxy Batteries Inc. • EPAZ • May 8, 2024 7:05 AM