OTCQX:NTGSF - Post by User
Comment by
stanjson Mar 12, 2021 10:53pm
170 Views
Post# 32791765
RE:Room to run
RE:Room to runThere was an air pocket between 25c to 30c, i.e. few sellers at those prices. Likely that someone placed a market order for 80k shares that overwhelmed all sellers from 25c to 30c. I'm not planning to sell GPY even at 30c. So if you all stop selling, the price can go much higher. They have all the mining permits, full community support, zero jurisdiction risk, and with gold on course to $2500/oz by year end, makes GPY a multibagger. It is still being priced like an explorer. Infill drilling resullts already support the continuity of a large pit, so bankable feasibility study, followed by construction decision is imminent. Now compare that to trying to get the controversial Donlin Gold into production...multi-millions of oz, but dead in the water due to ESG.