Post by
metalhead666 on Jul 06, 2022 2:33am
Skate to where the puck is going to be!
While a depressed share price certainly will make for a more dilutive final financing to production....MOZ is not in need now and a lot is going to happen shortly....The final permit should be in place within a month or so...any day actually....the global economy is going over the cliff so the day the FED folds is getting ever closer which means a moonshot for gold is imminent. Sentiment towards the group can and will change on a dime so we'll be raising the final money at much higher share prices. Of all the projects out there there's none that compare....a simple bread and butter operation with fantastic economics even with inflation higher....and that's not going to last long as everything collapses.
The updated resource study should be excellent as will the full updated feasibility study. A lot more ounce have been added since the originals
MOZ remains a prime take over target...even more so now.
Comment by
AlwaysLong683 on Jul 06, 2022 10:57am
I'm not a fan of any company that is moving forward with a mine build in this rising interest rate, high inflationary environment, but in fairness, I think SBB is a better play than MOZ if one is looking for a junior gold exploration company that has committed to building a mine.
Comment by
metalhead666 on Jul 06, 2022 11:37am
Inflation will drop like a rock in the global recession/depression unfolding now. Not an issue. The FED folding is what will ignite gold and MOZ...it's coming sooner than most think