RE:RE:History - Perspective
Sure - in time . The problem is investors today think they are investors . They are not . Time frames are what counts with a great company . Yet after 6 months , 1 year , even 2 years , impatience and whining runs rampant in somes minds .
In example Kirkland Lake, we rec 'd d at $ 3 bucks , after 5 years we saw $ 68 bucks - Im going on memory here , not records . I personally got involved at 5 bucks , and the whining over the years and price swings were amazing . Yet we published a sell Kirkland at $ 65 in the BTR room .
I can cite many examples of long term stays that are porfolio makers as Im sure many can .
The point is to stick with them IF they are great companies.
GQC and its management and backers ARE GREAT !
Some go quicker than others . Once the permit is issued , we have a long haul to $ 10 bucks IF we are not taken out .
As I / we have stated many times AEM is NOT interested in buying us at this point . After 5MM ozs in ground their interest may be peaked .
We have quite a history with AEM , so we think we are qualified to say that .
Lets manage expectations or you just have swing and day traders that bat the price around - I realize that will happen , and it is good for liquidity , just hate to see the retail innocent lose their cheapies to the swings - and they will !
Anyway , $ 10 is def possible in the long run - 5 years from permit is my guess .
And thats a guess , nothing from da boyz on that one !