InvestorsHub Logo
Followers 23
Posts 3981
Boards Moderated 0
Alias Born 01/28/2014

Re: JUST 10-11-12 post# 29653

Monday, 05/25/2015 11:38:56 AM

Monday, May 25, 2015 11:38:56 AM

Post# of 63744
I believe it is very probable that BAA will see $1 before year end. I think it could come as soon as Namoya is announced to be in commercial production, AND is hitting their projected target for gold production.

The only two things that I can foresee keeping this below $1 is 1) Another hiccup in Namoya, or delay of more than 1 quarter in hitting commercial production, and 2) The price of gold if it should collapse.

I personally don't think either of these things will happen. Anyone who has been following BAA for over the past year or longer has to admit that the company is doing a much better job in delivering on their commitments. They've also done a much better job in communicating to us common shareholders.

As for the price of gold, while there may be some downs, I believe gold will be much closer to $1400/oz by year end than it will be $1000/oz like some on this board have suggested.
Join InvestorsHub

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.