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Re: thundersteel post# 65

Friday, 07/28/2023 2:00:16 PM

Friday, July 28, 2023 2:00:16 PM

Post# of 74
That's the big question.
The DD from their prospecting is the best presentation I've seen.
I think they posted their cost per Oz.

I remember many years ago Placer Dome was in this same spot. They knew what was in the dirt and their break even to pull out a single oz of gold was like $325/oz. Look at them now. $Bs
AGMRF is at the same cross roads.
If silver is ever allowed to run? $$$$$$$
This is where explosive cash is made.
The problem, silver as been manipulated flat.
Even Robert Kyosaki's silver mine in Utah is in the same boat. Flat.

I'm thinking silver will follow gold. It's why I like GL&DG today. They own stock in multitude gold mines. Proven reserves. And even at $2koz, it's way under valued.

Like owning a bunch of empty shell stocks, you have to hold a few dozen to get a one or two a year to hit above 800% return.
Biden's killed that sector. My gravy train the past 10 years.
GLDG is a good way to hold a position in a dozen of gold mines.

We are tuned into geopolitical event that can trigger metals soaring up. When the time look ripe, I'll pile in here big. And hell, that can be tomorrow or a few years. That silver won't be harmed sitting where it is.
$200brl of oil will increase costs, but if metal pop like many are painting, a 100% increase in oil will be nothing compared to the increase in metals.

And if silver did soar to $5k an Oz and gold is 30k, do we want to live in that world? It won't be priced in dollars any more.