OTCQB:GATGF - Post by User
Post by
GarryF1on Mar 18, 2022 7:09pm
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Post# 34527015
Interesting stat that some might be interested in
Interesting stat that some might be interested inSprott did the PP at $13.25, 4.5 million shares. 52 week high is $29.28 Currently MAG is at $20.00.
which would be a current profit of $30.0 m. Sure he put $60.0 m in but who knows what his total
holdings is in both MAG and GTR. My point is that they want to pay a lousy $18 million for 1.3 m
ounces of dirty (indicated, inferred and future potential) gold. Don't forget that the drilling
connected the 3 deposits which is now over 4.5 kms.
Even dirty gold in the ground should be worth at least $50.00 an ounce which would be around
a buck a share. I just want to see the small share holders get a slice of bread instead of a
few crumbs !!!!!!!!!!!!!!!
PS
MAG might be interesting as some are saying silver should be at $200 and even $400.
But i am still waiting for Doug Casey's $20,000 gold prediction he made 20 years ago.
Gold can't even hold $2,000.
Vote NO for the merger ....... remember the robin hood traders.
Squeeze these big guys' balls .......... and let them feel some pain !!!!!!!!!!!!!!!!!