RE:Getting closer Looks like GGD will hit your target soon enough! I have played it with small amounts in the past, but not a lot of profit. Currently I have a fairly large position that doesn't allow me to play. So I'm just waiting for the market to catch up to the reality of GGD finally getting the permit and moving to production and high profitability.
2025 should be a very good year for GGD as they transition into a much larger business. 7 to 10 million silver eq oz at say $20+ per oz profit is a lot of cash! At 9 dollars AISC and 34 dollar silver that is 25/oz profit. With LRN right behind they would then be almost double production and profit. Keep in mind that they still have a very large land base from which future production could come from. They have merely scratched the surface. While money can be made (and lost) on a daily or weekly basis, buying and holding a well run company can be much more profitable. GGD management has been in the business in Mexico for a long time and have a very successful track record. The only thing in the way is the issuance of the permit. That should be forthcoming soon enough. In the meantime they are securing power and water in preparation of building a mine. GLTA holding and buying.