Comment by
Duediligence33 on Aug 17, 2021 1:56pm
When they pour Gold next year and more resources have been added from the ongoing drilling at P 17 we will see over $ 3.00. Downey and Halverson know this but the market has yet to assimilate this project accurately
Comment by
hcarbon on Aug 17, 2021 3:43pm
yes, one month to comercial prod from first pour! Ore has held up pretty god in spring/summer but no we some weakness. The risk is a broader crash 10-15% in SP500, that will bring down pog and miners. But then FED will stop talking about taper and rising rates! At that moment the next bullmarket starts in gold and miners.
Comment by
JAYDEE16 on Aug 17, 2021 3:59pm
This is all morgan stanley protecting capital. I have seen this house 053 completely bail for no reason at all in many stocks before. The pullback from the 3 weeks we spent at 1.50 is way overdone now. There are also some shorts who have a great opportunity to cover so we should pop back up nicely.