Many theories, little fact EXCEPT GOLD UPShort story: Agenda , schmenda, show me the money and you can own it all. But start WAY WAY higher!
Gold pushing $980 US over $1230 Canadian: Silver now over $18 Canadian per ounce. And Detour: well those shares are now worth over $35 million. Recoup your losses, well some of us said what to do at .05-.06, as we said THIS was, way undervalued. It was an exception to the rule of averaging down.IMO You can put forward all the agenda scenarios, which may or may not prove to be true, but I also would check out minority shareholder rights legislation in Ontario. Some talk as though, if in fact it is their intention, they can offer whatever they like. NOT SO. Gold may overwhelm ALL plans by anyone. If it keeps going up, as I keep saying, it can change things in a big hurry. IMO This is where money is made. Ask yourself, who exactly is going to sell, if the price is not reasonable?? Value at a discount with everything pointing to a higher price, whatever turns out to be the case.IMO I honestly have to laugh at folks selling 1k or 2K at the bid today, but hope they make a penny or two, or get whatever it is they need, or maybe even keep their agenda in tact! By the way Prognoz: how many ounces do you all think actually are there? Say 500 million or is it a Billion? Start multiplying out whatever number you like by $18, pay for the road, the construction, graft, Putin, whatever, and it is HARD not to come out with some pretty hefty cash flows at these prices or higher. I still think this is a gem, being played down.IMO We shall see. I have an agenda: watch this rise in price over the next 6 months to a year!