"After Initial Excitement,proven discoveries require large amounts of capital for construction-but are
not yet recieving cash flows from an operating mine"
Lassonde Lifecycle of a mining stock....pay attention to charts and learn to read, its why he lives in the Bahamas!
Now look at the lifestyle chart and then it explains why he and Ross Beatty are new shareholders in AUG.TO!
J 103 Lets say were $4 before were $2.50 again, but $8.00 your smoking pot
it you think that happens in 2020! Not even Au at $2000.00 gets OSK to $8.00
but all bets are off for 2021-2022 ( I dont have that long....)
Did any one read that book, my Elecrician Drives a Porsche? Well I think my grandaughter will be going to high school in one, and I go to my grave in my Chevy Truck