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Re: keyotee post# 40334

Friday, 09/11/2015 11:09:39 AM

Friday, September 11, 2015 11:09:39 AM

Post# of 63744
If it wasn't for them devaluing their assets last Earnings Report they would have posted .06 net profits per share. What would the price be right now if they did that .50? Maybe .70?
Gold will have to drop another $150 from now until Nov. for that to happen again next Earnings, not likely. And since they keep mining more and more every Q, they are likely to post .09 or .10 this upcoming Q. So you are looking at the possibility of $1 or so per share.
So...
Downside = .02 or .03 per share. Where even you said you would buy lol.
Upside = .70 or .80 per share.
People would have to be retarded to miss the possible gains just to try to get in for .02 cheaper. And that's exactly what the chart is saying... won't drop below .17 as people slowly suck up everything from the sellers at this level. This is a no brainer.
As well as the fact that gold can easily rise in a rising interest rate environment just like it did in the 70's for 9 years straight lol as well as the mid 2000's for 3 years.

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