OTCPK:KRCLF - Post by User
Post by
EbuyWwwon Jan 28, 2023 2:01pm
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Post# 35252040
1,00$ EPS might be just around the corner..
1,00$ EPS might be just around the corner.. We are going to see higher P/E ratio in Gold mid-producer sector. If everything else going down while Gold price go up.. Pierre Lassonde often talk about this in the past.. Average Valuation multiple of Gold producer going up until the end of the cycle..Actually we might at the start of the bull cycle.. Meaning we could see 30x to 50x valuation if Gold keep climbing and stay between 2100-2300 this year and climb over 2500$-3000$ toward the end of the decade.. That mean Karora share price could be North of 30$ if production goes up while AISC goes down while Price of Gold goes up.. Then, cash accumulate and Karora buy or JV a ready to shovel project.. 50$ a share near 1 million ounce production is a possibility 5 years from now.. Remember Kirkland Lake??