RE:RE: RE:RE: RE:Revisiting share price potential Thoughts on this. Producing mines with lots of reserves seem to get the best price. It's a bit of the devil you know syndrome. The CapEx are all built, paid, and maybe even written off. All approvals and permits are in place, the workforce is trained and in place, the smelter is working, recovery rates are known, costs per ounce, and the list goes on. Like buying a built house vs an empty lot to build on.
Case in point. New Gold NGD. Watched them crash and burn with all their problems building at Rainy River. They also took out Richfield : Blackwater in BC about 8 years ago, to be in operation by 2018. NOTHING YET! They are just starting to recover.
Sure, GBR has all the checks, but these guys all have to keep asking the tough questions. No resource estimate, no PEA. They need to be cautious.
On mortgaging the house, keep your eyes posted for the problem gambling police!
As for me, I'm already ALL IN!