Re 2020epicI said along time ago that if you hold until such time that Wexford is bought out you will make
great returns on your investment.I was in early and my average is .15 so I am able to sit back and not get caught up in the day to day emotions.As far as some people say to get certain people removed from this board, I totally disagree.We are in times where all platforms are censoring so I believe all views should be welcome.
As far as the consolidation is concerned I look at it in a longer time horizon.Ideally I would like to see the consolidation done in q1 2021 as this is when we have commercial production and I hope many more drill results.as far as the 1 for 20 I am Ok with if timing right.
I am looking at this from the point of view that they are preparing this company for a major to take it out 2 to 2.5 years down the road.I am betting that Akiba. Can take this to 1000 tns per day by the end of 2022.At this rate it may produce 80 to 100 mil free cash flow at today's price of gold.With 35 mil shares outstanding.well do some math and this should support a healthy share price.Remember Akiba keeps saying that the big boy prize is what else is on this large land package.Once this mine is in commercial production,look for this property to be a pin cushion with many drills turning.I believe that They already have a good idea of what this property contains.
once this consolidation is done I believe that the type of investor that this company will attract will totally change.I see this in that Akiba is marketing this company ie tsx listing,possible gdxj inclusion,small float and high share price should stand out to all majors.
2020 epic those are my thoughts at this time.Time to quit following this board too closely for a while As fishing off Nanaimo seems to be heating up a bit.