OTCQX:GTBAF - Post by User
Comment by
Goaweighon Mar 15, 2021 12:09pm
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Post# 32798974
RE:RE:RE:Jay Taylor interview.
RE:RE:RE:Jay Taylor interview.Can you find me any operating gold mines in Canada that have been sold for anywhere even close to $ 10 Billion.
Malartic and Detour have significant reserves but didn't sell for anywhere near $ 10 Billion.
But things might be differant in 3 to 4 years, maybe we'll be up and running and making a pile of cash while gold is at $ 2500 or more.
Who the hell knows but I'm offering my stock right now @ $ 65 just to pizz you off.
surething1111 wrote: Goaweigh, that is pure popycock.......why on Heavens green earth would anyone sell a producing mine that could very well be netting over one billion dollars per year over a likely hood of 30+ years sell out for 4 billion? At that stage we mine the hell out of it.
We would have at that point squeezed all the risk out of the property. Sell price.....if any, would be north of 10 billion.
My 2 cents
S