Now the new investors are waiting to get cheap in......but in the next weeks they will buy beyond the seventies and the eighties.
It is the same game every time!
If you take a look at TESLA you can see that at the stock market the future is traded and not the present!
1.)
If I got it right the the AISC at the Moment are about 1,800 CAD.
So at the monment the make about 750 CAD each ounce, right?
This means something like 13,5M CAD a year.
2.)
With a Price of Gold of 3,000 CAD this is something like 21,6 Mio CAD. with the production of 18.000 ounces.
3.)
With 50.000 ounces a year this will be something of 60M. CAD.
If I take the aim of the CEO Kevin Bullock for true, then we have 100-150,000 ounces a year.
And if I take a Price of Gold of maybe 3,000 USD then with a Ratio of 10 this will make a share Price of something beyond 20,00 CAD with the actual number of Shares.
But now back to reality: We have less then 150k production, we have a POG below 3,000 USD und we will have possibly more then the actual number of Shares.
But this means to me that we will have a share Price of ANX in the future somewhere between 0,70 CAD and 20,00 CAD. This is only my personal oppinion!!!
I am invested for more then 14 years now and the time of the harvest is comming up!
There have been times where I had a loss of something like 80% on the paper. Today I am in the Profit area because I bought always Shares when I could afford it.
To make a good Profit you have to trust and also a good breath!
GLTO
IQ
P.S.
Maybe I am to optimistic and maybe we will "only" reach a share Price of 2-5 CAD within the next 2 years. This would already be great for me!!!