RE:RE:Update on SantanaIn general it is very hard to predict Share Price...
In my opinion, I see there being alot of positive reasons to believe that this company/stock should be able to continually grow in 2021 from what seems to be there base of around .70c give or take a couple pennies up over $1.00 no problem.
In his last interview, Doug Ramshaw stated that since there initial blast, they have continued to blast and build a stockpile of material to run through the machines to start comisioning them.
Now, how long does that take to get from starting them up and running a couple shovels through, to full out operational running full steam and "pouring Gold"
He stated that that Milestone of their "first pour" would be at the end of Q2 maybe a week or 2 into July.
That being said that it is safe to say that the next round of announcements are going to be very positive including announcing their first pour.
Announcing first pour alone could instantly attract some major investors which could cause a nice momentum run bringing it to x$ who knows.
That to me outweighs the risk of announcements which could sting and SP would react negatively at this point where they are.
Bad announcements could include any type of delays, or poor results, financing, etc..
I see the positive side outweighs the negatives too much at point.
I see it as a Gain 25-50% short term getting over $1.00 and from there Contiuing to grow every quarter until 2023 when they have all 3 mines fully operational.
Financials for this company are in a very strong position
With no debt and a very cheap to run mine operational
All in cost to produce an ounce of Gold is around $1000 dollars @ $1,900 ounce gold, Thats a very margin profit margin which should fully fund all future project.
As, for gold, that is a whole nother' factor that I wont even predict where gold will go. if Gold drastically goes up or down it would impact mineras margins but i guess as long as its above $1000 we are profitable? If it goes up over $2500, $3000 it would do the same thing affecting their margins very favorably.
Thats my take.
Almost deleted the whole thing and replied
$1.00 Bob
Cheers,
Bully