BM Energy and Gold https://energyandgold.com/2021/01/27/bob-moriarty-people-are-throwing-money-at-anything-to-see-if-it-sticks/
Bob Moriarty: As a company goes into production, that’s the sweet spot for investing. Nevada Copper would be a perfect story. They got as low as $.06 in September/October last year. They’re $.18 now. But they’re down 80% from where they were in 2016. And at $3.60 a pound copper they will make a lot of money.
But same thing with Novo, all the naysayers have been pissing on Novo’s parade for years, but they’re going into production. I believe there will be somewhere between 125,000 and 150,000 ounces of gold production per year. I think the cost is going to be around $800 to $900 an ounce, all in sustaining capital. And that’s going to fund everything else they do. They should never have to do another financing. So I think Novo is going to be a hit. There are a lot of juniors that have corrected severely in the last month that I think will offer 200%-500% return potential. So, it’s a time to invest to move into the good quality juniors.