Post by
Fullplate on Mar 15, 2020 11:50pm
Closing Price Next Friday (March 20)
I’ve been enjoying this board a whole lot more now that the spammers seem to be totally gone. Yes, we have the occasional annoying post, but for the most part people are being helpful. But still, the market has gotten too depressing, so let’s have some fun and try to guess GBR’s closing price on Friday.
Monday could see prices drop further, or perhaps the market will start to recognize value and bid the price up. I have no idea. But by Friday, I think that we see a substantial gain from the C$4.20 close last Friday. My guess is that we see a C$6.25 close on March 20. That would be a gain of 48.8%. Call me an optimist.
Comment by
Fullplate on Mar 16, 2020 1:54pm
TMinus, how about we give you one do-over on Friday’s closing price.
Comment by
Tminus1blkswan on Mar 16, 2020 2:54pm
I'm very happy to be wrong :) but have no idea where we go from here...
Comment by
goldman88 on Mar 16, 2020 3:01pm
This post has been removed in accordance with Community Policy
Comment by
Fullplate on Mar 16, 2020 6:15pm
TMinus, I’m just like you and have no idea on next Friday’s closing price. I hope that we are both wrong to the low side. What I am sure of is that a year from now, presuming we don’t get swallowed, we will be over C$20. Could be double that or higher. With the huge increases (probably doubling) in the central bank balance sheets, PM’s are going to take off soon.