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A Dinosaur

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A Dinosaur

Re: Neverhadawinner post# 4133

Sunday, 02/07/2021 7:58:07 PM

Sunday, February 07, 2021 7:58:07 PM

Post# of 4378
I don't have an estimate. Actually, a dollar might be close since Fortitude was about one third of GORO's stock when GORO was priced at about a dollar. However, as you just pointed out, the market isn't rational about such things. It will probably open (or rise almost immediately) much higher than that. A $3.00 price tag wouldn't surprise me at all.

My comment was a criticism of your math, not your predicted price. As I recall, if GORO didn't have the cash from non-PMs they'd lose money.

Dino
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