Post by
theCurse on May 13, 2020 9:05pm
Goldmeister
Not exactly sure where you came from but you certainly stomped into this bullboard - full of piss and vinegar.
I like the prospects of MOZ but for anyone to think this is a sure thing and valued multiples from here is foolish/ignorant and you of your apparent background should know that. as far as explorers turning into miners, i'd love to hear your previoius success stories GM.
There is no certainty of the POG when production of MOZ might start. Gold looks great right now but there is no guarantee.
for the rest...keep buying if you think it's such ludicrous deal (ie newman and the rest).
right now, as far as the markets and gold is concerned...2.50 if good.
tC
Comment by
lumpy13 on May 14, 2020 3:03pm
So, bottom line, you two basically agree with a C$2.50 target. I'm good with that.
Comment by
Goldmeister44 on May 15, 2020 5:23am
I think a good and solid argument could be made that the sum of the parts as they sit right here and now in a buyout are worth around $2.50 Canadian...yep. As a cash flow generating mine with exploration upside and $2000 gold US I think it's worth 3x that.
Comment by
BGraham2 on May 15, 2020 8:23am
yes - thats a good assessment - but if you hold for a mine, you have to consider that this could be another TMAC or any other project that was fraught with mining / processing problems from the get go. BG
Comment by
seinfeld1 on May 15, 2020 9:18am
Gold44 Nice to hear some rational thoughts. For those who still don't know what they own in MOZ and are hoping for a buyout please sell at $2.50 and be done with it! Honestly, it is difficult to read some of the views but my ignore button is broken. HAHA. Yes, it is only entertainment for the most part. Again, thanks to the new posters here. jmo
Comment by
theCurse on May 15, 2020 1:07pm
BJ, CG got me involved with MOA as well - with of course EET as well. In the teens in MOA - 22 cents EET. I am speculating but i have not heard from him (her?) since June 2010 - looking at my inbox. He did like to inbox. tC PS Sittler's # for me :)