Post by
FrozenInOntario on Oct 18, 2024 11:45am
Shift in sentiment in the gold sector ?
Greenheart, a bet the jockey type of investment, is now trading at a premium to their book value (essentially cash) on the promise of futur succesfull projects in Guyana/Suriname.
Looks like the beginning of some exhuberance in gold juniors.
Our discount to book value could shrink and who knows, turn into a premium with Dundee 2.0. We have a pretty good jockey after all.
The more I think about it, I do not want them to do a buy back right now with the excess GMIN but to redeploy it in other mining investments. We should see very interesting returns in the short/medium terms.
And, yes Count, if that siren peddling drugs ever shows up with the real stuff, that party could become wild.
GLTA