RE:RE:RE:For once...Kluless Klucker is right..Shorting STGO....As your own (former?) best buddy Ogopogo said brilliantly - just because you paid lower doesn't make you smarter....just luckier. Being lucky or first or having good timing doesn't make you sophisticated. (I don't think anyone on here would accuse you of sophistication given your choice of wording, racist undertones, proven lies/misinformation, etc....)
People sell shares for all sorts of reasons - you get paid to bash, so you short sell. People "buy on rumour, sell on news".... people take profits....people sell because they move on to another investments...people sell because they have to pay for other expenses. You seriously consider yesterday a "Sell off" ?? You say that about every down day....lol.....funny you didn't call it a buying frenzy over the last few weeks/month when volumes and price have shot up considerably. I knew you were clueless, but didn't realize you were THAT clueless.
Full disclosure - You are a tool. I use you for entertainment - you make me literally laugh out loud every day (often multiple times a day) at your utter NONSENSE....there's a doctor in Texas that could use you on her team to promote hydroxycloroquine as the cure for Covid and for alien/demon induced infertility.
Only a completell clueless and greedy moron would be up (according to his claims) ~400% on their investment in a year or two, and complain/bash on a daily basis about the company who created those returns for him. You clearly prescribe to the camp that it is "better to be lucky than to be good" (cuz you aint good, my dear...that much is clear). LMAO
Now to more relevant discussion for the forum - It will be interesting to see what institutional ins/outs happen over the coming months/year with STGO. It seems by their actions that "LIM" wants out ....but now others (ES as a start) are presumably going to want in, now that the company has proven its ability to produce and sell gold and has a clear plan ahead for expansion of assets/reserves, lengthening of mine life, etc. Obvioulsy the price of gold and being a lower cost producer only sweetens the STGO pot.
It is interesting that company directors/insiders continue to hold and BUY in the open market consistently....that is always a good sign for us longs. Great vote of confidence when they can obviously sell and turn significant profits (even more than GripNRip!)
WIll be interesting to hear about cash costs over the next year and life of the project(s)....I can only surmise they will average somewhat higher up front in first year (start up production / OPEX) and then average down when the company achieves a sort of "steady state". ANyone have thoughts/ideas about this?
Chonasis