Post by
cyberman on Aug 01, 2021 6:24pm
short term pain for long term gain ? can only guess,
but indications, imo, are good.
agree with posters that 2 months should be plenty enough time to iron out the deal, hoping its advantageous to us shareholders, at least from this price, but until then i expect some more price swings, 6 to 12 cents back and forth ? i dunno, there are negatives for sure but that can all change in a, dare i say, hartebeat LOL.
i do know the price of gold is expected to rise over the next 3 years and i believe that's where it's at and where suitors are now planning for, allowing time to get our costs in-line to meet higher anticipated gold prices and thus profit.
is the new 007 discovery enough for now to show potential or is the asset the total property potential value in 3 years adding in any additional discoveries, sure there is lotsa lower grade tonnage now but not quite feasibe yet, gimme a motherlode and/or higher gold prices and we all set.
i have to think the big boys, whoever they may be, are planning for the future not that far away but it always seems like a dangling carrot since the beginning for us peons.
and finally, the twitter post on friday of visible gold had to be telling, why would they do that ? they couldn't think to fool anybody at the last minute right ? and why wasn't the news of the recent discovery more widely available ? ... etc.
cheers.