GREY:GPLDF - Post by User
Comment by
Jasper16on Aug 01, 2011 8:12pm
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Post# 18893530
RE: gpl
RE: gplarh0070 GPL doesn't have a problem selling production their buyer had the problem. They have a great relation with them and they pay us like 95% on the dollar which is a very good contracted rate thanks to GPL management. When you do business with people over a long time and they have a bump you can screw them or help them out. . Archer is a relationship guy and remembers people that do him right by remembering them. It's smart business in todays world of cheese ducks. I guess q3 earning will take the hit and noobs will see it that way but we still have the production which is as good as cash if you think about it. Will get the 95% from them plus silver is higher now than then so we made money on the delay. Also remember that free market non contracted rate really sucks to the tune of like as low as 80% on the dollar as they want to contract you or screw you for not doing business with them.
Were in good shape and undervalued based on earning per share/production and growth compared to EXK and even AG.
When I don't know and I own a lot of this bad boy but our payday will come as it has for me since I bought in at .51 cents .
be cool....out