OTCPK:GWAXF - Post by User
Comment by
GOBOGOHon Oct 31, 2020 10:32am
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Post# 31818386
RE:RE:Significantly derisked
RE:RE:Significantly deriskedBofB - I believe your assessment is correct. Money required to get into production is not all that great, but GWA needs to clean-up its balance so the overall money is probably in the ballpark.
TGK - In 2016, the predication was if Trump won gold would skyrocket and markets would crash. The markets skyrocketed and it took almost 3 years for gold to start to move. The World is going to have to pay for QE at some point - it may be now, it may not be. Timing the market crashes is next to impossible - the market will crash - when is the question. The markets are likely to very trubulent until the US election is fully settled.
At this point, I would not sell GWA -- even if the market crashes, I don't think it would drop enough to make it worth while. But, this is just an opinion - everyone needs to have their own risk strategy.