RE: Jaassperrrrrr r u back yet ? eomHey there cominmars1! Thanks for checking in on me.
No I'm not back in yet after my great call to sell at 3.96, LOL, weep, weep.
I've been watching very closely and almost bought back some today for a push. I did buy 5000k more shares of Rubicon @ 4.23 to beef up my position as an hedge plus I still own 3000k shares of Fortuna and 3500 shares of First Majestic ( I bought that baby at 3.50! . FYI great charts on GPR and a few others and this guy has a great rep. I would watch his work daily.
https://wolfgangrene.blogspot.com/
My thinking as far as value and remember my call of 4.20 in 4 days when we were at 3 bucks! (great call or lucky guess) Here is my logic and tell me what you think.
3 companies almost exact business model vs production
First Majestic 7.9 OZ $16.00
EXK 3.2 $8.00 (I sold 5000K shares at 4 to buy RBY at 4 in OCt or NOV, not to good for me, lol)
GPL 1.9 $4.00
My thought on relative value is GPL 1/4 production so $4 bucks is at par vs AG. EXK I'm confused on currently as it would seem over valued and that is taking there gold production into account as silver value as does GPL. EXK and GPL are tapped out currently on future growth as I understand it. AG is expanding production and should add I think 800 tons per day in the next few month (check my facts). So I'm on the fence frankly right here. My buy points are 3.50 and 3.00 honestly. Will I get it I don't know but I need the cash for the kids (medical bills) and with the NUCLEAR stuff Hawaii may go down the drain as I'll just puke the deposit I put down and walk.
FYI, I did find a little gem I thought GPL should buy to beef up resources and sent it in. Don't know what happened as beyond that they can't say anything. But they did take a look I know. I didn't own any and never bought in but it did go up 30% since then and not from GPL as volume is way to weak. It's priced to high right now to make it a good value in my book but I hope they watch it for a nice pull back.
I hope to talk to the Cricket soon as he has been away put he did promise me a call. Hope to hear something soon.
Go GPL (The Panther lurks)