GREY:RDEMF - Post by User
Post by
wiseyoungmanon Aug 10, 2016 3:07pm
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Post# 25127631
My Long Term View
My Long Term View Gotta love this management team. I see this stock much much higher for those with a long term view. This management team is not going to flip this company for a short term sell out. They will do so at their leisure with heavy ownership by major investors and management which is over 50%.
1. Fall 2016- First gold pour and commercial production- my target is $1.25-$1.50 based on price of gold.
2. Per management- expanding the potential production to double based on drilling at San Ramon and adjacent targets- My target thereafter based on expected results is $2-$2.50.
3. CB Gold- drilling in 2017 and expected feasibility study for potential Vetas mine in 2018-2019. Also new CB Gold acquisition looks like a winner. Long term target to over $3.00. Could be significantly more.
GLTA