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Re: tootalljones post# 1481

Wednesday, 11/29/2017 7:56:30 AM

Wednesday, November 29, 2017 7:56:30 AM

Post# of 1870
here is a nice article I just found by poster "Al" whom I just referenced his analysis of PVG. I realize articles like this predicting gold's future are tenuous, since gold can do 3 things, go down, go up or stay at today's price. He is looking for a serious move higher, and since I posted his pvg analysis, why not his path for gold, which if true, would blast this pvg mine up to triple digits who knows, but it is fun to consider.
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