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Bullboard - Stock Discussion Forum Golden Predator Mining Corp. NTGSF

Golden Predator Mining Corp. is a well-financed gold exploration company focused on its high-grade orogenic gold-in-quartz 3 Aces Project in Canada’s Yukon. With proven management and an experienced technical team, the Company is well positioned for growth.

OTCQX:NTGSF - Post Discussion

Golden Predator Mining Corp. > Cyclical turning point for gold, set to break USD2000/oz
View:
Post by stanjs on Apr 01, 2021 10:14pm

Cyclical turning point for gold, set to break USD2000/oz

For a heap leach project 1g/t, gold at $1800/oz onwards is going to be wildly profitable.
Eric Sprott bought GPY shares at 0.30 to 0.42c in 2019 (https://www.goldenpredator.com/_resources/news/nr_20190705.pdf)

We know the banksters have manipulated the gold price using futures market down to $1700/oz for past EIGHT LONG MONTHS, and it is not conducive to the economics of Brewery Creek mine. So the delay in release of FS is actually working in our favour because it avoided this bear market. 

What you can do as GPY stockholders is stop selling out and force any new buyers to buy at much higher price, > 0.40!
Comment by stanjs on Apr 01, 2021 10:22pm
Regarding production, as Sheriff has mentioned in the past, all construction needs to be done in one season (summer is best). FS and financing still not done yet in Q12021, so this year is definitely out of the picture. 2022 is mine construction, and 2023 will be full production. What would be the price of gold/oz at that time? $2000, $2400? Then what will GPY be worth? Share dilution will be ...more  
Comment by Freezerburn on Apr 04, 2021 12:14pm
Sooo... That's the plan? Take as long as possible? Well they're certainly sticking to the plan then.
Comment by stanjs on Apr 05, 2021 10:49am
dilute shares at gold 1700/oz, or at 2000/oz? Think about it. Now is not a good time to raise money and dilute shares when gold is undervalued. 
Comment by Freezerburn on Apr 05, 2021 11:38am
They raised money prior to the last rally and did nothing. They raised before that and did nothing. Now it's more difficult to raise money because they do nothing.
Comment by Tartar3 on Apr 11, 2021 10:41pm
This is a bet on 2k gold, and they merged with another bet on 2k gold, and if gold rises beyond that it maybe a decent trade, but if it's a inflationary rise they'll need 2.5k gold to make it work, because inflation will cause a rise in all of the inputs it takes to pull it out of the ground, sort of like a dog chasing its tail, but nevertheless a trade on a marginal deposit, just my ...more  
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