Gold’s monster run could reach $1,600, say Citi analysts...Let's do the math again. The base case for KERR per the last PEA was for gold at $1250 per ounce. At $1600 or $1650 for round number sake....that's $400 per ounce mined PURE PROFIT. We will get to a million ounces..I am dead sure of this. That's $400 million clams on top of everything else earned. It's more than $1 per share in additional profit on top of the profit we are slated to make at the base case of $1250 gold.
At the very least you could consider as your exit point somewhere north of $1 per share or better or a 10x bagger from here.
I don't think this is possible, I think it is now PROBABLE to nearly certain.
Be an owner! We have a great and expanding resource, a soaring gold price, low cap ex, production in less than a year, improving grades, 90% of the property yet to be explored...what could you possibly ask for more than this?
I love it! Adding 5000 more today...I would like 300k shares by the end of Summer