Post by
Buckfinder on Mar 08, 2022 11:19am
no good time for the still 3 mio. shorts out there... WHY?
WHY, because
1) i-80 is a near term producer (high leverage on gold)
2) management was buying big latest times
3) sprott will raise their target soon to 10 CAD with a strong buy rating
4) gold producer in Nevada - best jurisdiction
5) highest gold grades in Nevada
6) Brien Lundin has a strong buy
7) Gold will be a long term play because of hyperinflation, new political risks, Fed not hiking as fast as expected (due to external shocks), Fed behind the curve, inflation will not ease the next years, gold breaking out of all time high, funds have to diversify in gold, shorties are going to be cooked
GLTA
Comment by
MightyPoPo on Mar 08, 2022 12:26pm
Beyond me why anyone would want to short this one...