RE:>>>>>>>>>>> Seriously $ ? >>>>>>>>>>>If you listened to the conference call, which I was lucky enough to, they talked about an 18-24 month turn around, which if you read my earlier posts said would be a good time table. I talked alot in detail about my estimates on previous posts regarding price targets and I said 18-24 months to hit that area.
I am shocked it went up so much today, but it should have been at 52-55 this entire time but that ETF had to sell 12million plus shares which really crushed the price.
This is going to be a long play, 3 years to really maximize your return.
They need to get AISC down to 950 an ounce. Then essentially they wont be dependant upon a much higher gold price. That AISC and how much they pull out of the ground, along with cust cutting in other areas are tied up there with the price of gold.
18-24 months to hit that target. I look forward to posts and reading your an everyones thoughts regarding PPP and future outlook.
Have a great day and good luck.