Post by
metalhead666 on May 14, 2022 10:34am
Stop complaining about inflation and dilution!
There is no perfect world where inflation is low, gold is soaring and mines get built without money.
You have to skate to where the puck is going to be!
It's only a couple of months (FED rate hikes) until the economy implodes. The pressure will be intense for central bank crooks who caused the problems to resort to the only thing they know...money printing!
The $ will drop, gold will soar to $3000, inflation will be higher, costs to build out the mine will go up BUT...will be more than offset by a more than $2000 margin on every ounce of gold mined!
Do the math 2 years out.....175,000 ounces with a $2000 margin....That's $350 MILLION per year
If we diluted by a 100 million shares even that's $1 per share in earnings x 10PE equals a $10 stock price...minimum. By then gold fever will be the next theme for the masses to chase so we could see a stock considerably higher
Nothing matters now, next year...it all comes home at first pour from a very very simple mine with a tremendous amount of future cash flow AND discovery.
I've used every dip to add...If it dropped to $1 US I'd double my position so bring on those bargain prices as I only care where the stock will be 2 years from now and nothing about what it does between now and then
Comment by
metalhead666 on May 16, 2022 10:46am
The FED will fold by Aug/Sept and the economy will be over the cliff....gold should really fly this Fall, late Summer and through the winter. We'll have the final permit, updated feasibility, construction going full steam ahead....all coming together nicely