Post by
ernesto47 on Jul 22, 2020 12:59pm
Look what an option this is, with no expiry date......
20 mio. ounces in the ground, 190 mio. shs in the picture
just to calculate it the easy way, for a share of USD 2 bucks
you get a tenth of an ounce (easy made, just took 19 mio. ounces
as reserves) you buy a tenth of an ounce of gold now, that is a value of great USD 185 for you and this you get for 2 USD,
even if you consider low grade, cost maybe now about 145 bucks for your 1/10 of an ounce, you share a profit of 40 bucks net, imagine what happens if gold rolls over 2000 into a cracy run, each hundred dollar up is a tener for you.
Still one of the best bust most overseen shares in Vancouver. GLTA!!!!!!!!
Comment by
Heywood_Silvers on Jul 22, 2020 1:39pm
I believe THM only has 12 mm ounces of gold as the reserves would be included in the M&I figures. Regardless, anything over 10mm ounces is an elephant sized gold deposits. There are very few of them around, we have the goods in spades here. Just being patient as this thing starts working its way back to $10 once again.......