OTCQX:GTBAF - Post by User
Comment by
vestor111on Jun 25, 2020 2:45am
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Post# 31189070
RE:Update from management.
RE:Update from management. Then consider how few royalty shares there are - about 13m at 2% of sales.
Throw on top of it things like a recent kitco interviewee upped his Pog target from $3000/oz to $10,000.
Then run some numbers against various levels of product which could include multiple open pits running in parallel. Oye!
As CT indicated about the new board hire, his skills help move the processes down the development road thus advancing the timeline to royalty flow.
The intersection of the pog's uphill slog and the at surface high grade mining out a few years. Nice kicker. The qtrly royalty checks could get very sweet.
Just noodling.