RE:Expecting this to hit $30 if this gold rush keeps up.Something to keep in mind. Having it in the ground (in situ), and getting it out of the ground are two different animals. From experience, I've owned stock in a company for many years that has 20 million oz's of gold along with 500 million oz's of silver in situ. All the infrastructure is there, PFS etc. all done.
Problem is many of the majors are gun shy when it comes to taking out these juniors because of stockholder reaction when they overpaid for projects during gold's last big run up. I've currently invested in juniors that have great prospects in the golden triangle. They seem to be all waiting for the white knight with the deep pockets. The company mentioned above became a ten bagger at that time.
I held out for a bigger payday. Now, the MV is about two hundred million. There is an old adage that pigs get fat and hogs get slaughtered. It is sometimes a good idea to take some profits off the table, then if everything still looks rosy, play with house money. Wish I had.