OTCQX:GTBAF - Post by User
Post by
Goaweighon Nov 28, 2019 1:27pm
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Post# 30402763
I'm not into these doom and gloom scenarios that may drive
I'm not into these doom and gloom scenarios that may drive the price of gold to ridiculous levels.
It might be good for the few nut bars who live in log cabins, are armed to the teets, have stockpiled a decade's worth of Libby's Deep Brown Beans and squirreled away a few oz. of gold but for the rest of us a $ 10,000 gold price might mean the collapse of everything else we own.
So unless you sell everything and buy bullion you could get completely screwed and there's very little chance of a recovery from that.
I'd prefer to see a slow rise to $ 1800 while we prove up/demonstrate a resource of 15,000,000 Oz. with district scale potential of 30,000,000 + + +
Think that would mean a solid $ 50 per share and maybe a lot more.
Now that's a scenario I can live with !