Post by
Westcoastgold on Jul 29, 2020 1:19pm
Unhappy shareholders
Let me get this straight, this team has delivered:
A robust project with 3 million+ + ounces and 100% + IRR (way higher at current gold price),
Very low capex,
Production within 18 months or so,
$40 million or so cash on hand,
Market liquidity (traded 35 million shares or so in the last 2 months),
Several exciting exploration targets,
And you want to replace them with someone who can do a promo video (which is what all institutions and analysts base their investment decisions on)??
Not trying to be a cheerleader but I’ll stick with Derek and his team thanks!
Comment by
wildhorse65 on Jul 29, 2020 1:41pm
No, you didn't get that straight. They did a great job at everything except the retail side, We need someone who can do that, in addition to the mine builders that are trying to do it
Comment by
wildhorse65 on Jul 29, 2020 1:55pm
I'm not sure why you left out the part about gold going up over $300 an ounce and Ascot going down 20%. That's the issue, not the work that the mine buildiners are doing.
Comment by
Goldking135 on Jul 29, 2020 2:37pm
This post has been removed in accordance with Community Policy
Comment by
symington on Jul 29, 2020 2:24pm
I support and stand with our team.
Comment by
wildhorse65 on Jul 29, 2020 2:26pm
As do I. We need to add to it. Imho