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Monday, 03/11/2024 5:14:38 PM

Monday, March 11, 2024 5:14:38 PM

Post# of 372
Insightful analysis of an extraordinary gold story from 321 Gold's Bob Moriarty: http://www.321gold.com/editorials/moriarty/moriarty031124.html

"Here’s the math. At today’s price of the shares, WRLG is worth about $141 million. The same mine and mill, less Rowan with its 900,000 ounces of gold, used to be worth $1.15 billion. It cost $350 million to put Madsen into production under management that ended up running it into the ground. With current management and $2200 gold I see WRLG being worth 500 to 1,000 percent higher when investors wake up."

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