RE:les previsions de aaronen anglais
I am giving us one of Aaron's conferences, I believe with what is happening on the gold walker that it is worth it and as we also have new people joining us in the discussion that it is worth it. : https://www.youtube.com/watch?v=Z4cvRe-HPCc&t=775s
there is a passage that I note in particular at 3 min 30,,, it concerns the economic situation, we often talk about it,, and we are often criticized for mentioning it when we criticize the performance of SOI and the management of the team who would be primarily responsible..
Speaker C Aaron illustrates that from 2011 to 2016 there was a general decline ranging from 90 to 98%, a real crash in gold mining at a time when the price of gold was $875.
It is in this environment that Sirios waded in to still advance Cheechoo and increase its intrinsic value.
This is the economic situation, no salvation for us as long as it does not turn solidly and in a sustained manner,,, M Aaron's forecast in 2022 is that we are going to head towards $2550, Suddenly we are at 2350, We sum still far from the performance which precedes 2011 or almost all made 1000% (ex IMG from 1.97 to 24 $) and some 2000%, this was generalized.
In his model he gives a potential of 2700% for SOI and he is right (but it is a potential)
We have a junior whose resource at the next evaluation could well approach 3 million ounces, having very advantageous characteristics for an exploitation, in addition if we join the neighbor on one point another 200 to 500,000 ounces .
So imagine the potential of our company which at the moment is not even worth 18 million!!!!!