ACRL's billionaire Board of Directors joined our company due to its massive upside and also existing evidence that they got their hands on prior to making this type of a decision. I am not selling my shares for quite some time yet.
When one has done the proper DD it is very easy by the way to hold the shares for a long time without worrying at all because knowledge gives freedom, especially knowing that gold is also into a fresh global bull market! This will last for many years!
Remember, billionaires do not join to make some millions here and there-they join to make at least hundreds of millions at bare minimum!
This means Macassa mine and its grades as well as proximity to ACRL (2-3 min apart) was something that Glenn Grant could show them as irrefutable evidence when making the case for ACRL. ACRL has 40% of Macassa claims size wise and if grades are about the same here are some very basic calcs: using 40% analogy ACR will make 100,000,000 USD in NET PROFITS (Macasa is generating about 250 million USD per year) at today's gold prices alone and if you take a mine life of 10 years-it totals about 1 billion.
Makes sense why they were interested. Now knowing where gold could end up-5k or 10k per OZ due to the printed fiat and future inflation problems, ACRL suddenly is a venture which can excite any billionaire due to potentially getting 10 billion+ in NET PROFITS over 10 year mine life, regardless of the scenario. This is how big boys analyze and think, and knowing that they never make uneducated decision, let me be clear about one thing-they had to see tangible evidence or Glenn Grant would have zero chance to assemble this group to represent ACRL into mining world for years to come!
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