They are bringing Goldboro into production!I run also a company, but a small one.
For me it is normal the for a loan you have to give as much security as there is possible in these days.
Here in Europe it is called Basel I, Basel II and Basel III.
What management does is bringing the company into the right position to start digging the Gold out of the ground. We will see if this will be 3, 4 or 5M ounzes.
Remember always the company which Kevin directed and went from 0,07 to $ 2,35 in a few months.
So go 3 years back. In 2020 in march there were days when Anaconda shares could be bought under C$ 0,1. Then in August 2020 it went up to almost C$ 0,80 and in June 2021 it hit more then C$ 1,00.
So everybody could sell a part of his/her position and buy back now at these lower levels.
So let us see what the drilling results will be like and let us see where the price of Gold will be in the next months. And let us also see how they manage the financing of the Goldboro mine.
So if you ask me then there is enough upside potential within the next few months. Also if this few would mean 12 months or so.
I do not know where the next highs will end. Maybe $1,60 from Sprott, maybe 2 or 3 bucks when the right investors will join us or maybe higher at the end.
For me it looks like running my business. I had to compare with the pandemic and this was a desaster for my business but I am still here and now we are looking into a real bright future.
For me the most important issue is to struggle on and then the future will be bright.
After good times are coming not so good before starting to ise again to better times then before.
That is what I learned in my business and in the business of my parents within the last 50 years.
When the price of Gold will do us a favour within the next 1-3 years then we will start a big party!!!
The party of all parties and then guys I am hoping that we will met somewhere at Goldboro and take a good drink.
Call me a fool but I am here for the 5-10 bucks.
Kevin took the wheel and bring Signal Gold into safe harbour!
GLTA IQ