Post by
woolco on Apr 04, 2024 10:12am
4M oz now at $2300 vs $1800
The profit per oz has now gone up $500 with basically no inflation in last few months.
This is now becoming an open pit play....that can be very profitable. At $2500-$3500 gold it will be a rock star mine....safe in Quebec...and ready to go.
The value here for the 4M oz....is about to pop...as these land banks catch a big bid....should be happening very soon.!
Hold on as we head back to 20-30 cent range!
Comment by
Angelique01 on Apr 04, 2024 1:51pm
What gives you the idea these 4M oz will ever be mined? $2,500 gold price means little for a non producer. The Douay ounces have been around for decades. Sounds like wishful thinking on your part.