Replies to post #44914 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[surfer44]

The numbers they report it doesn't look cheap. And being a generalist investor I can't determine the resources in the ground very well (nor do I want to). What I do look at in companies is the management and directors, and the reported numbers.

Right now all I have is the GBUG active etf (silver and gold miners chosen by pros) and SVM (China connection, profitable, fairly valued, and a dividend). At one time I bought OMAI gold mines just because I liked the connection with another company and that REALLY went up big. But I missed most of the move. The curse of the value investor :-(

[fink]

DTREF is also one such mine. With proven 1.1m Known Gold before California shut it down. Trump opened it and rare earths are being tested today. Positive anomalies are found now the drilling. It's 6 miles north of the MP mine that is Americas only RE mine. Trump just dumped tons of funding into it.
Positive drill sample at DTREF and I'm 95% sure Trump will find this too.
@ .08 with 3B dual
Listed shares, it's a bloated pig so .70+ is your pipe dream. I've been accumulating since Trump came out and named the mine. He said "it will be Americas 2nd REE mine". National security too, so that's DoD and DoE funding. Just like he did to MP.
However DTREF has viable veins of gold exposed to the sun light. Say gold hits $5koz?