Future Share Price #2Looking at FVI's longterm chart and previous valuation of gold mining sector. I've stated previously that I have acquired shares of FVI over 15+ years. I sold some at close to $12 CAD when there were huge moves in the share price. If we do move past all time highs in the next few quarters, what likely would be the next new all time high? If past performance is an indication of what is to come and money really comes into the sector, I wouldn't be surprised if FVI reaches $20 CAD in 2025.
A pipe dream? I want to convince myself that it is. But if one looks and FVI production guidance and doing the "math", it's certainly possible/likely. I'm convinced that it's just a matter of time that the market realizes that "everything" is in place ( central bank buying, etc.) for gold to continue to stay strong leading to the increase in sp of the miners.
jmho