RE:RE:RE:RE:lot of noise Thanks MVargas. And I like your conservative but still decent forecast going forward.
To me, there is only sideways or upside from here in the VGCX SP. Near term upside has to come from the overall gold market. Most gold stocks have slid lately, not just VGCX, with vaccine news hammering the POG. This happened to coincide somewhat with Victoria's bad news.
When the dust settles people will realize that vaccine or no vaccine the macro drivers of gold are still in place. I just can't see the POG, and thus the VGCX share price going substantially lower from here for at least a couple of years as world governments try and spend their way out of devastating unemployment. There is mostly upside for gold. I don't think people have really digested how bad things are regardless of the fact that Covid could be mostly in the rear view mirror in 6 months. When I saw an aerial pic the other day of cars lined up at a food bank in Texas... when people and businesses have already reached this point it's a long road back.
So yeah, like if they only do 200,000 oz next year instead of 210,000, and the AISC is $1000 instead of $800, who cares, the charges of management incompetence and further uncertainty just don't matter anymore. Making lots of money regardless, at the beginning of a 10-year runway. And that's without Raven and its drill results that so far suggest it could be at least as good as Eagle, and can use the same mill.