RE:RE:RE:HHorseman loves Pucamayo :)That was a very long discussion. Let's hope it's a duck and perhaps some blue sky. I thought one interesting point was that the grades may very well improve with depth. Also, the silver grades add substantially to the deposit value. As for the 10-20 bagger, he was suggesting it could be a 100 bagger in the clip below from 9/21, about 3 years ago (the share price was lower then, but not by much).
Condor Resources: An easy to Test 10+ Moz Target And More - The Hedgeless Horseman Excerpt:
To Sum up:
- Blue sky potential for “just” the initial target at Pucamayo is huge at 10+ Moz Au Eq
- If the initial target is a success then it will revalue the blue sky district potential at Pucamayo
- With an EV of US$18-23 M, no real chance of success is priced in, which means I actually think Condor has 10-100 bagger potential (First time ever I have put such a claim in an article actually)
- I am crossing all fingers and toes for Condor getting land access sooner rather than later (they already got the drill permits in hand)