Post by
jonggua on Dec 29, 2011 6:40pm
repeat after me:
repeat after me, several times a day: rbyc could see $500 a share in a real gold stock mania with $5000 gold and 100K oz produx prior to 2018. Every day I read voluminously about the gold and gold stock market, and I can tell you we are at historic low valuations for mining shares, even with gold at $1550. The market still hates them and avoids them like a plague, and in that time we've doubled our share price in the last 12 months. it is easy to forecast such an event after a horrendous market washout (coming soon I believe, in the next 24 months) when the world's economies are trashed, and gold stocks are left alone with soaring revs, NAV, eps, and a newfound appreciation for real money, and a newly discovered hatred for gov't controlled fiat currencies. Gonna take a few years, and meantime rbyc should keep chugging along with growing produx, CFPS, eps, and NAV. How rich would Slavik be with a $500 share price?