GREY:VITFF - Post by User
Comment by
kegmanon Dec 22, 2021 11:26am
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Post# 34254569
RE:RE:RE:VGCX' s huge short is reminiscent of Pretium.
RE:RE:RE:VGCX' s huge short is reminiscent of Pretium. Who would be selling for tax loss right now? How much volume would that be? Not enough to cover the shorts. The shorts drove this down. They know something or they are about to get crushed with great drill results. Even with just Eagle for the next 15 years....this is a golden cow for cash flow. The expected dividends are worth more than the present SP over that time frame. Even at $600 oz profit at 200k-250k oz per year....do the math. Even at 150k per year for even more years do the math. This is just messed up.
The amount shorted right now is very close to being uncloseable without an additional collapse or a short cover fire sale that they burn hard on. Pun intended. Anyone do any math on how much of the float is actually retail?