Post by
hisandlos on Feb 09, 2022 11:32am
6 million dollar valuation for 1 million oz of gold
A preliminary economic assessment showing the positives of this project with a million oz of
gold, and barely scratching the surface of the land package which has a high probability of
increasing the oz, combine it with the historical work and knowledge that has been done and
you find a ready in no time project selling in an environment where the precious metals miners
are on sale for multiples lower of what they should be nevermind where they are going.
So what do you invest in .... real estate where the prices are so overinflated and where income
from rents are at risk in this economy/covid/lockdowns, or maybe bitcoin where prices are
high for something that no one can show you, or the general stockmarket where again prices
are over inlated because the federal reserve is propping it up and buying everything, or would you
rather buy bonds where you are at an absolute for losing a minimum of 10% per year, or
buying the asset class that is delibarately being held down, and all that is required is patience.
Oh, and when it blows, it is not waiting for anyone. Mexican here folks is trading at a
valuation of $6 million dollars for one million oz of gold and a hoard more to be found. In some
places $6 million dollars buys you one house.
Comment by
xresopt4 on Feb 09, 2022 4:22pm
100 % agree! Once gold and juniors move and they will... proven companies like MEX that has a proven resource and land package will go ballistic! MEX IS A PROVEN GOLD MINE , valued at $157M USD AT 1820 spot price so $200m CDN... so in a perfect world $2 a share($200m value at 100m sh's outstanding)!!!!! It's just a matter of time! GLTA