Post by
macman20 on Jun 13, 2020 11:45pm
The bashers
make it obvious to me that RIO 2 is a great investment, 6-10 $ within 2-3 years.
Comment by
JMark80 on Jul 29, 2020 12:52pm
Unlikely. The scaled down 1.3mm oz project is already more than priced in (especially for development stage), and by the time they fund the original project the price of gold will have returned to $1300 price in PFS.
Comment by
macman20 on Jul 30, 2020 10:03am
BS, Other comperable projects IN production are valued at 1.5 Billion $, and if you think Gold will be back Down to $1,300 within 2 years your clueless. Gold will more likely be above $2,500 by then. Possibly much higher Rio 2 is trading ata discount to its peers, that will change.
Comment by
JMark80 on Jul 30, 2020 11:02am
$1.5B for what comps? Gold will probably go higher - defitinely not "much higher" than $2500, but there will be a sharp correction, numbnuts.
Comment by
JMark80 on Jul 30, 2020 11:03am
Also, learn to spell correctly.