RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:At this moment... Angel. I will be contrary and say the AU price moves or stays in this 17-18 range regardless of what the Feds do in Canada or USA. Too many things are in flux changing the day to day outlook and like the barometer we are hitting lows and highs and for AU projects like MOZ I see blue sky.
As far as safe haven GIC I did take one cashable anytime, 3.5% one year just to keep some cash handy in case of opportunities?
I also see Barrick Gold as a good purchase with a 5% dividend and plan to buy it. Upside plus dividend. Good for my old age.
As far as Marathon goes and reading the weekend opinions. Many appear to have the company bought out before the shovels hit the dirt to build the mill. Manson and his team have the skills to build this mine and while dilution is in the expectations, I don't expect any offers to takeover this project at low ball pricing.
Future and ongoing drilling as some suggest will change the valuation and in my view a takeover at this point is premature. I doubt Manson would give up on this project given the progress made which has been made under his leadership. Manson is not afraid of dilution to get the project done, just how much we'll have to wait and see. I did suggest $2.50 on the horizon, well see shortly? Later this fall when events unfold we may see clear direction for a change in 2023?