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Re: rheddle post# 1539

Friday, 06/06/2025 2:25:49 PM

Friday, June 06, 2025 2:25:49 PM

Post# of 13008
Fair enough.
But this is not some Qatari fake mining scam.
I just came in here because someone asked of my opinion. I offered it. But there are a gazzillion mining stories out there, and exploration/mining is my business, so I have some sense of valuations. While an interesting story (critical minerals, REE's are in vogue now), gold is more my thing, and as a pure gold story this one is overvalued. If the REE's play out, and once they have drill quantified a resource, this could head towards MP Materials valuation (US$4B), but that would be years down the road. In the meanwhile I'll stick with investing in micro-junior gold explorers on the verge of big discoveries, and better yet, make that big discovery myself with one of the couple of companies I am working for...
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