RE:DAVE KRANZLERAnother example is this article by Adam Hamilton posted to Mining.com.
https://www.mining.com/web/gold-miners-record-quarter/
The article isn't Calibre specific, but he is unquestionably talking about CXB when he says in the article: one of our new trades illustrates the incredible gold-stock bargains out there. This gold miner is projecting about 288k ounces of output this year, near $1,325 AISCs. But it is building a new flagship mine going live in Q2’25.
That is forecast to add another 195k ounces of annual production, around much-more-profitable $1,007 AISCs that will drag down overall company-wide ones. This is huge coming growth, catapulting this gold miner well into mid-tier-dom producing around 500k ounces annually! Since late January alone, this stock has already rocketed up 91% at best, and is still 48% higher midweek. We rode a good chunk of that surge.
We were last stopped out of this stock in early June at nice 55% realized gains, and have been waiting to reload it. With a sterling profile like that, you’d think this fundamentally-superior gold miner has to be trading at 30x+ earnings. Yet the kicker is its trailing-twelve-month price-to-earnings ratio this week is merely 9.9x! That’s an epic bargain, dirt-cheap by any stock-market measure.