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~ Blue ~

09/10/17 2:04 PM

#405 RE: BottomBounce #376

I was following this stock for a long time. I have read all the filings and news. Finally I have made my dd, and decided to load. I believe this price is bottom price. Majority of their investors are big funds. They haven't sold their shares. They are holding some of them added recently as well..

Gold is trading over 1,300 dollars per ounce. with current gold price they are profitable... I do not know Why they are selling with such a bargain price their Canadian mine just for 35 million dollars. That mine is now cash cow.. Let's see what is going to happen. I hope they will not sell. That mine worth more than $35 million. It produces between 15,000 and 20,000 ounce gold per quarter and AISC under 1,100 dollars.

They do not have big debt.. in the worst case scenario their asset is bigger than their debts.. according to my calculation if they pay all their debts and obligations, still shareholders can get about 50 cents per share. So under 10 cents share price is bottom for me. I will fully load. I believe It can be possible 10, 20 bagger from here if the gold price stays over 1,300 dollars per ounce.. We have Trump. So Gold will Skyrocket..

make your dd.. it is worth imho.

GO PPPMF time to show your muscles.