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Re: Leor Gantz post# 10253

Tuesday, 11/26/2019 2:51:48 PM

Tuesday, November 26, 2019 2:51:48 PM

Post# of 19291
IMO we'll participate in the rally when or if two major events take place. The first event is if FMG does a specific deal that sells a property or that frees the Company from having to dilute with shares going forward. They could of course partner or JV with someone that might have the same good outcomes for us in the near term.

The second event would be a move back higher for the gold price, above $1550, which would indicate to the Street an even higher move. That should help, but not as much as some very positive Company specific news.

The deals being done are a very positive sign IMO. The mining sector is waking up and money is moving around to take a position. The Big Boys are looking around to see what can be bought that will benefit them the most.
I believe FMG is in a good position to do that for someone.

We still need to see some air to come out of this stock market to benefit the gold price.