OTCQX:GTBAF - Post by User
Comment by
goldminer1956on May 09, 2020 12:23am
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Post# 31006211
RE:RE:RE:RE:RE:re how big this thing is
RE:RE:RE:RE:RE:re how big this thing isgood work. at 25.3 Million(M) ounces, I believe properties go for $155 proven and probable oz, so
25.3 M x $155US=$US3.9Billion / 50Million shares = $US 78 per share.
whomever sold this property to us can redeem themselves by buying this thing before GBR drills the whole monster and finds 60M ounces.
variables forecast s of gold going to $3000/oz, how deep will this gold go, probably 1.5 km
strategy sit on our shares, i have 7000 or so, prepare for a ,big drop in the market when Wall Street realizes it isnt business as usual next week with the economy. I would double my position if the market panics again.
then wait a year or two, by then the bidding war will be underway, we sell and voila...
are we missing something?