GREY:VITFF - Post by User
Comment by
kegmanon Sep 08, 2023 11:10am
103 Views
Post# 35626134
RE:RE:RE:Market Cap So Low Now Majors Must Be Looking????
RE:RE:RE:Market Cap So Low Now Majors Must Be Looking????At the present pog and assuming aisc stays similar we make $500 U.S. oz. As ozs go up, aisc goes down factor in pog could go up.....I see $12 takeout depending on Raven. That is under $900M Cdn. If we had spent money on the debt vs. BYN we would be better off too. Regardless the SP is beaten down due to the fire and lack of faith in the team. It seems to be entirely retail though. Shorts are gone. If they cannot get SP back in the $8's then $10 it may be OBWON. Not a friendly transaction. Funds would have to be swayed. Funds are in $9-10.50. Still a huge jump from here and for those jumping in now, a big success. If debt is paid down aggressively then price goes up again. I await his next presentation to see what level they are at in their shares. I am very confident that my present balance is safe. I wonder what Sprott is doing?