RE:RE:RE:RE:Worst case of trading on insider info ever. Look atJAYDEE16 wrote: ya well he was good for a few laughs.. Did you see how many shares Cannacord just bought at 1.65? That was impressive.. I think 2.25 is the magic number.. 40% from here is 2.31$
I've been in this one for a long time. Nice to see it finally paying off.
If I was them, I would NOT entertain an offer of $ 2.25
There have at least four factors going for them now
1. PoG inching up higher and higher, as inflation heats up. Massive impact on ROI calc's when higher PoG factored in.
2. New high grade discoveries (results today). Not properly quantified yet. Life of Mine going up. Massive impact on ROI
3. Lassonde effect. We're only 1/3 to 1/2 the way through the typical runnup prior to first pour.
4. Assumed M&A activity...for pre-production miners.especially and ...west aftrica especially...will only increase.
I'm pretty confident I'll (they'll) get more than $ 3. Once gold run makes it's next run to the mid 2000's, it'll be worth $ 4- $ 5 to someone.
MM