RE:RE:RE:There is a lot of new ">50 gr/t gold" miningman wrote
Blackhawk , hows it going with all those $15.10 share you bought last month. Down below $14 again today. Remind me again to never take your advice or follow your lead
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Thats good mini keep bashing this stock everyday. I want the chance to start buying a lot of PVG shares as low as possible.
In four or five months this company will be debt free and at todays gold prices will have free cashflow of aprox. $400 million CDN. per year. If gold prices stay around this level in 2.5 years from then PVG will have $1 billion in cash in the bank and still be adding $400 million to that pile every year.
Imagine what other miners they could buy out with a billion in cash and some PVG shares that will likely be double where they are now in price. It would be easy for them to do a deal for two or three billion if they so choose. They could double the size of this company very easily. They could also start paying a nice dividend quite soon if they want to.
In the stock market the only thing that matters in the end is Cash and PVG will soon have more than they know what to do with.
It has been many years of struggle for this company to first explore and find all the gold. get all the permits etc and then finance and build the mine. And then a few more years to pay off the debt. With the large cashflow generated by the companies operation quickly paying down the once very large debt and now the sale of Snowfield, the many years of struggle are over for this company once and for all.
Soon all the debt will be gone and piles of cash will be piling up everywhere for PVG. The market which has been watching the PVG struggle for years and kind of ignored this company through all these years of ups and downs will soon have their eyes opened to the new reality for PVG.
Keep bashing mini but hopefully for your sake you are smart enough not to believe the BullS@hit you post.