Post by
BSdetector2016 on Sep 11, 2023 8:08am
Yeah
The mine has been overun and the gold is being carted off to Bunga Bunga.
Seriously folks; the risk discount is already baked into share price, and then some.
Comment by
BSdetector2016 on Sep 11, 2023 9:37am
Already done; that's why they took out Sabina. They cannot do anything about war and conflict in Africa other than diversify away from Mali and beef-up security at their operating mines. Any communication wrt Mali, positive or otherwise, would just be a SELL event in today's market.
Comment by
BlindMouser on Sep 11, 2023 1:05pm
Not sure price is baked in or not. BTO been between 3 and 6 dollars for a decade. Political Risk factor has only increased in recent months. Factor in inflation and this pig is sitting around $2.50 in 2013 dollars
Comment by
BlindMouser on Sep 11, 2023 1:06pm
I almost feel bad for any parrots who have been sitting on this pig for years. Although I see he has been trying to average down recently, his existing bag is probably quite heavy and burdensome lmao