RE:RE:RE:RE:RE:RE:RE:RE:surging-molybdenum-price-adds-weight-to new year rally forGMN - Gobimin
A micro cap junior exploreco that has been around forever. TIghtly held. But major owner is also management.
Languished for years.
They sold their current main project in the fall. stock went up fourfold. but was still trading at big discount ot sale proceeds + cash and investment on hand.
Owner/management made bid (9x price presale) which while is basically paying you your money, it is still a huge win for shareholders.
Imho, if ORV had decent management and/or a capable controlling shareholder, we should see $2 in no time.
Staythecorse wrote: Greenday,
You compared Au EqOz ot Au Oz. Its a very misleading comparison.
I do agree that Juan has walked down production every year hes been in charge thought!
Good news is, this is 1st year they have walked it up. Just a tiny bit. But better than a kick in the balls.
AISC should come in even below low end of range this year. Energy way down, Copper is up, Euro is still very week.
EV should throw off a lot of cash this year.
OSP should be under construction this quarter.
A move toward $1 should be imminent imho.
As for Juan? I think he needs to go. He has more than halved production in 5 years. He has overseen largest increase in AISC in ORV history. He delayed OSP for 5 years. Aside from walking down guidance every year, he has missed guidance most, if not all, years (I dont consider meeting revised guidance success). He has missed deadlines. He filed a ton of stuff last year new years eve. He has collected a ton in comp, that he seems good at.
My next post will be on GMN. I beleive we should follow a similar path this year.
ALL IMHO
greendayyyy wrote: I included gold, copper and silver in my 57.7K total. For only gold you are right.