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Re: gitreal post# 12778

Wednesday, 12/30/2015 9:58:03 PM

Wednesday, December 30, 2015 9:58:03 PM

Post# of 12911
There are always exceptions.
And American Bonanza successfully mined a ton of gold in the late 80s/90s in the region.
So what are you saying, they are putting into place large scale 22 hour/day 7 day operations just for shits and grins. Why would anyone waste their time doing that, to give people jobs, I don't think so. You can sit by the sidelines then. Me and many other investors have gotten into the private placement which basically gives 4x your investment at $1200/oz gold, less or more depending on the price of gold obviously, with even more volatile returns on the stock itself, which will reverse dilute as people decide they want the gold instead of shares of stock. Can't lose with that, unless of course there is no gold in them hills, which they have already cored the tar out of it to confirm that there is.