The Science of Gold Exploration Supports MMV & Immense ScaleI hate to watch the SP drop again after announcement of Homestake matched results. But I remain very optimistic.
Here is a perspective:
1) The science strongly supports a massive Homestake-like gold find that is economical and profitable and will attract PP/partners/buyout.
2) The deep drilling will prove or disprove the science at least for one major centroid target by early Summer. Multiple centroids give MMV more value and opportunity.
If proven, we are off to the races. Gold prices should be stong and trending upward.
3) The announcement today was as poorly written as previous announcements, but it honestly presents a picture consistent with a Homestake-like find on steroids.
4) I know of no other investment with the potential to return large multiples beyond this cheap stock price.
5) Only 1% roughly of all shares traded today, and if you watch TSX trades for MMV you will see there are consistent retail players who distort the stock price and the market by playing against each other, reducing further the true stock churn and market without the game playing.
6) I will stand behind the science and although there is certainly risk on a number of fronts, the rewards outweigh them for me, particularly with these discounted prices and the future of gold.
Covid-19's recession and slowdowns will not severely impact this explorer compared to other sectors. Hang in there.