RE:In 6-8 weeks this will be 70-80 cents, in 6-8 months - $1.50Now that the Fed has become more dovish, this might be the beginning of a huge rally in gold and gold mining stocks. It looks like 70-80 cents for Argonaut is inevitable very shortly, and my $1.50 target will be hit much sooner than 6-8 months. Buckle up and enjoy the ride!
RichesToRagz wrote: All gold mining stocks are heavily oversold, so we're long overdue for a short-term bounce. I expect a short-term bounce for Argonaut to 70-80 cents within the next 6-8 weeks, and then in the medium-term in 6-8 months this will hit $1.50 in anticipation of Magino's first pour at the end of March, 2023.
My average is in the $2.50's, so if my price predictions are correct, I'd still be heavily in the red, but I'd still be extremely happy if this hits $1.50 in 6-8 months. Happy enough to buy everyone here a beer, cheers.