RE:RE:RE:RE:RE:RE:RE:RE:another day another all time highIt should be good, we just need to be patient and let the cash/assets build up every quarter. Once we get Q4 2020 and Q1 2021 results in March/April, that should really change the dynamics here. The market will realize that Moss is for real and will continue to keep paying PGOL large royalties every quarter for many years to come, with other catalysts on the way:
1) Windy Peak Drilling Results - Already had some positive results early last year
2) Rainbow Drilling Results - New claim
3) Vernal Drilling (maybe later this year?) - No work done yet, but historic info looks promising
4) Northern Vertex updating it's 43-101 - Most of this is covered under the agreement done by PGOL. If you look at the 2017 resource report from NEE, it shows a large blue area over most of the claim. I think at a bare minimum, Northern Vertex will prove up another 500k ounces within the limits and that means a total of roughly 1 million ounces of gold with a 3% royalty. That's $54 million USD with an average price of $1800 gold.
5) Bruner and Vanadium royalties - any progress on either would be positive
6) New acquistions - this was mentioned in the last monthly update report on TheCSE
7) Possible Dividend Payments or Share Buybacks - PGOL can easily afford to do this on a yearly basis given the royalty payments coming in. We should push management for a 1 cent dividend minimum per year, or $750K.