Post by
stockwrestler on May 07, 2023 7:55pm
What’s not to like?
Why not a double from here?
Insiders are holding and analysts
have a buy rating.
Looks good to me
Comment by
Stratocheif on May 08, 2023 8:35am
A billion dollars to build a mine that might produce 175k oz. That's not to like. The only good thing is they don't have much debt. But there is a chance magino will be sold for maybe 30 cents a share. This mine can't recover the money spent to build it. Somebody is gonna take a loss
Comment by
GRock77 on May 08, 2023 9:08am
Close but you missed one zero.
Comment by
Funex4t on May 08, 2023 11:34am
The cost to build a plant with this potential at 1 billion may seem a lot, but try building this today for less. Most mining construction projects are in the billions since about 2010. Anything near this size is at least 3 billion..... I cannot find a 4 to 5 million ounce mine that cost less than a billion to build, which was built after 2010?