Post by
bufordpusser on May 18, 2022 10:16pm
some simple math
102,400 ounces of gold at $2500 Canada dollars will cover the money invested into this project so far. [$256,278,000]. kinross paid 1.8 billion for it's last deposit. It's hard to believe someone isn't willing to pay 4-5$ per share for this deposit.
Comment by
AlwaysLong683 on May 19, 2022 12:52am
GBR was smart enough to sell to K instead of trying to build a mine first and GBR shareholders made a really good buck on the deal without having to wait years until the first pour. I think MOZ is making a mistake building a mine, and I'm hoping NFG doesn't make the same mistake and goes the GBR route instead.