ULTRA CHEAP at this price
WHY ?
Easy to explain - 2 examples:
1) Goldquest traded at 0,52c after the new president Luis A. took the office - at this point there was only the feeling that the government is pro mining but at this moment a permit was not imminent. NOW we are minutes/days/maximum weeks away from the definitive permit so no reason to trade below 0,52c ... If the permit has a GO than the price must be much higher than 0,52c....
2) Agnico took a stake at approx. 0,64c - with NO PERMIT, Gold at 1200 and copper at 2,5 ... so if we believe that Agnico knows what they do (and they do - they made a lot of DD !! ) then there is no reason to be below 0,64c NOW.
The difference to the 0,50c/0.64c marks is only the result of mistrust and many investors accept to be late in this game at higer prices but this time for sure....bit this is risky....
I think the odds are so high that an investment NOW makes so much sense.
I am long from the beginning and additionaly adding nearly every day so I am bias.
GLTA