Potadvisor1I just want to chime in here... Your enthusiasm is great and its potentially very exciting times ahead for many gold companies including TLG. I only say potentially as there are never any guarantees in any stock and who knows what the next year has in-store for gold? Will further rate hikes be needed? Will there be a hard landing? Will there actually be rate cuts? It seems very possible but I'm not banking on anything forsure. We could have to wait until 2025? Everyone under the sun seemed to think 2023 was the year for gold stocks and it never happened. How do we know if 2024 will be? I hope so, but we never know. Im not being negative, just realistic in that i have no idea what will happen.
Clearly you've lucked out and managed to buy in, at / or near the bottom on this one. Congrats on that and its definitely easier for you to reach a 5-10 bagger from these levels. So I can appreciate your position and enthusiasm at this entry point your at. Seems you probably have limited downside risk at this point and more upside potential than many who have owned for a long time.
Perhaps you could appreciate the position of many long-term shareholders here, myself and others at 3 plus years. TLG was a great investment and entry point back then and we all had the same enthusiasm as you have now. As luck would have it....the market would go negative along with management making several changes that would put more downward pressure on TLG than many other stocks. Its been quite a ride here for the long-term shareholders and patience can run thin. You'd only fully understand if you were a long term holder.
Temple for example has been around a long time and clearly has knowledge and experience and has some valid points. The company may in fact need more money by July? If the gold market sentiment doesn't improve next year, we're looking at bigger dilution when they do need money. Which obviously affects everyone. If more dilution is needed before financing comes through... that's potential for a lot of outstanding shares limiting the upside. Hopefully the company does have enough money to get through the year and to financing this build. I'm cautiously optimistic Justin will deliver this time.
Anyway... Here's to 2024! Hoping for sentiment to finally change, pull us longs out of the red, and finally see some profit on this one! Just maybe the fed pivots and money starts to flow into this sector and into TLG!
Good luck to all here...