RE:RE:RE:RE:RE:Lassonde CurveJayBanks wrote: I don't really have rules and am much newer into gold mines than others, but I share similar thoughts on last paragraph: I'm not aware of many solo hole makers that return to shareholders.
If MOZ goes this solo, and mines the whole hole out, it's unlikely they give out a dividend or buy many shares back when mature, to continue as a company, they will need the cash generated to find a new project and go through the process again, hopefully with less capital raises needed. For that reason I fully agree with Metal, I'm out when I get the result I'm content with.
Of course MOZ could break that mould and buy anouther project that is close to or in production and become a Barrick, Agnico ect... but it's extreamly, highly, unlikely. I'm planning my exit on the M&A or when the SP gets close to some sorta NAV of our hole. The M&A idea tho will create more work for me as if it's a share offer I'll have to assess if I like to take my position into the larger company, tho on the surface I'm not too interest
(I pressed the 'post' by accident)
On the surface I'm not too interested in any of the bigger producers other than Agnico, I don't expect they will have any interest here, but whoever makes a takeout offer I will have to do a deep dive on and see if they are of any interest to me, but I'm likely taking my money and running.