Post by
kegman on Oct 15, 2021 11:01am
Tick Tock
Why are we up when gold is way down after a good run week.....hmmmmm
Comment by
NativeInvestor on Oct 15, 2021 1:16pm
Lots of room to run since we just increased 'sales' a bunch. The run only put us at a P/E of 11-12. Once we get the new earnings numbers this will run again to improve to 11-12 or more.
Comment by
NativeInvestor on Oct 15, 2021 2:18pm
That matters more with the assumption that Victoria can move the life of mine to 2040. Otherwise a P/E of 11 is pretty spot on now. I see the investment in Banyon as part of expanding and lengthening Victoria's presence in the district along with Victoria drilling and exploration.
Comment by
OCB1234 on Oct 15, 2021 2:52pm
This post has been removed in accordance with Community Policy
Comment by
kegman on Oct 15, 2021 3:05pm
I believe there is some short covering going on. Will be able to confirm next week.