After New Mexico purchase and current PM market movement, there is no downside here. Possibly some pressure from paper being unloaded onto the market but I have to assume that the share price + gold momentum will move the cheap stuff quickly and the impact will be minimal. The greater question is....who is going to buy it. BTO said no thanks less than a year ago. Since then they hit the mainline in Galaxy and have added the depth of a silver mine. Do they continue to go it alone? Do they partner up with a major? Will they become that medium player that bring 4-5baggers? Time will tell....for now I have all confidence that they are positioned well to take advantage of todays market
Comment:
Just updating....obviously called the ball wrong here and should have played with a better stop and plan. All the assets needed for success...time tells the tale but for now we're on the beat down side of the coin.
Trade active:
Well....it's time for an update. Fuck GG and your friction filled South African CEO!! Learn how to do an interview without sounding so defensive!!!
Ah well...still no love out of the silver play in USA. Now they've opened up the taps of a loan....
I expect us to bounce around here until either gold does something silly...or GG does.
What a shame...a functioning mine, a decent oz price...and this thing just cannot get off the ground with wings of gold...maybe they are stone and there is more to the story than I know.
Missed my stop...still in....still trying to learn how to follow rule #1 and not look like a tit. Could have been profits...now it's patience!
Ah well...still no love out of the silver play in USA. Now they've opened up the taps of a loan....
I expect us to bounce around here until either gold does something silly...or GG does.
What a shame...a functioning mine, a decent oz price...and this thing just cannot get off the ground with wings of gold...maybe they are stone and there is more to the story than I know.
Missed my stop...still in....still trying to learn how to follow rule #1 and not look like a tit. Could have been profits...now it's patience!