GREY:VITFF - Post by User
Post by
Whateverrron Jan 30, 2024 12:45pm
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Post# 35852928
I Hope It Works Out Well Here for All of the Rest of You
I Hope It Works Out Well Here for All of the Rest of YouNow that the two divisive smug chumps MVargass and OCD have left tail between their legs losing $$$, enormous amounts of time, ego bye bye. I truly hope the rest of you, in whatever your entry point, strategy, etc is ----- are 'winners' here and are able to game the system, make some profit etc. It is such an exciting and treacherous place to invest. Love It.
I am not sure how VG will be able to make large meaningful adjustments or effeciencies to Eagle Mine in order to dramatically increase the ozs per year since they have know been at this several years, same weather, same metalurgy, etc etc. With this POG $1900-$2100 range it really needs the 200k a year at a reasonable AISC to navigate the debt etc. If this only does well SP wise because POG jumps to $2500 to $3000+ to get the increase then why be invested in this singular project .
I hope they can prove strong bigger numbers at Raven/Nugget, reduce AISC, increase ozs etc etc.
I still need to read the lastest Powerpoint presentation and keep watch out for up to date production numbers. Following since 2007, fascinating arc for the company but stale and not rewarding for the past 4 years or so.