TSXV:INCA.H - Post by User
Comment by
lscfaon Nov 11, 2021 7:39pm
117 Views
Post# 34117570
RE:RE:RE:Inca One Gold Posts Record Production Figures For August 202
RE:RE:RE:Inca One Gold Posts Record Production Figures For August 202 Not a typical gold co. In theory tollers should earn the same fee for milling ore whether the gold price is $300 or $3000. There's no leverage to the gold price. Both Inca and Dynacor margins fluctuate because they take risk by buying the ore from the small miners and pray they guessed right on the grade. Dynacor has positive margins, Inca is beakeven.
EdinColorado wrote:
So, what is going on with this stock? Precious metal prices have been shooting skyward, but the SP of Inca Gold goes from nowhere to the opposite direction. Technicals seem to indicate that INCAF is way oversold.
Can anyone on this Bullboard site provide information about why this stock just cannot rise, even during the most optimal conditions?