Post by
oil991197 on Aug 11, 2020 5:11pm
Am I missing something here??
This seems to be tremendously undervalued relative to the neighbors on the other side of the mountain. I just can't believe that it's only a +/- $40M market cap with what they're suggesting they might be sitting on. Anyways, bought in for 100,000+ shares over the last few weeks, expecting a double or better.
Comment by
Electrum77 on Aug 11, 2020 10:14pm
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Comment by
NorthernEmt on Aug 13, 2020 12:44pm
43-101 will be completed this year. Once that happens the share price will rerate accordingly. Minimum 10 bagger unless they sell out first. Lot's of high grade PGM metals along with gold. I believe Sibanye will make a run for it.
Comment by
Infidel_ on Aug 13, 2020 1:38pm
I think that's what everyone asks themselves: what's the catch? or what am i missing? or is this too good to be true? once it hits the radar, i think we could see this thing go gangbusters. i don't necessarily think sibanye would take a run but it makes sense with them being so close. looks more like an anglo type project (or ivanhoe or vale or rio even).
Comment by
MHonestInvestor on Aug 13, 2020 2:53pm
I think there are some on the line waiting to decide when to get in. But once this thing start moving it is going to be difficult because the loose shares are drying up.