GREY:CDKNF - Post by User
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Scott6500shareson Aug 18, 2014 11:43am
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Post# 22851938
RE:Moriarity on May 22, 2013
RE:Moriarity on May 22, 2013
And it gets even more interesting. In his prices acceleration article 3/25/14, he wrote: I said back in May, “I think they can define 5 million ounces in 18 months with 5,000 meters of drilling. And I think it’s a gold belt both richer and bigger than the Guerrero Gold Belt. Cayden needs to be thinking about how they paint some lipstick on this puppy because some major is going to want to take them out within the next two years at something 50 times their current enterprise value.” I’m going to admit I didn’t get it and I was wrong. I am almost certainly right about the 5 million ounces and 5,000 meters of drilling but this project is a whole lot bigger than 5 million ounces. One day suitors are going to come calling. It was clear that in May, gold was still in a down turn. And while I understood at the first of December that gold bottomed in June and December was nothing more than a retest, now lots of people get it.