GREY:GUYFF - Post by User
Post by
NiN777on Feb 11, 2020 8:43am
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Post# 30672802
Still at a discount
Still at a discountI first bought in at 51 cents thinking it was too good to be true. I have been puzzled at this state of affair. In hindsight Van Eck ( GDXJ ) and Baupost unloaded all their shares. Van Eck has been dumping juniors to buy seniors / mid cap!!! I was thinking an already built mine with inferred ressources at the price of a junior in drilling stage for 50 millions? This gotta be a joke? I find myself unwilling to hit the sell button at 75 cents, even thought im sitting on tremendous paper gains, afterall many who sold to take their tax loss in 2019 will be keeping an eye on Q4 results. This could recover 1.00$ + by Q1 2020; holding my breath, hopefully previous management mess has been cleaned-up by then.