RE: GoldmeisterThis is not my 1st rodeo. Nothing in speculation is a sure thing...nothing. But when you consider the primary drivers of the gold price, the 260 Trillion in global debt, the central banks monetizing trillions of government spending etc you would be hard pressed to ever find a time in history so favorable for the POG.
That being said....MOZ can be evaluated right here and now based only on the P&P gold in the ground. It can further be evaluated based on geography, political climate, blue sky potential and the calculation put forward in pre feasibility studies and soon a feasibility study. You can compare it to its peers and similar projects in the past. You can weigh the takeover possibilities, the IRR, the AISC and then make some reasonable calculations as to future value potential.
Miners are rented not owned. They are wealth creating mechanisms taking bare rock and turning it into a productive asset that generates cash flow which in turn flows through to shareholders.
MOZ is right now on this day worth considerably more than the stock price. By about 50% as I see it. It will get multiple re-ratings as it drives the project forward and gold goes higher. Too many of you are angry at the PP and have lost sight of the quality of this project and the potential. Fine..you should move along. I love it...I see multibagger potential written all over it and intend to hold my shares until the full value and potential are achieved.