Post by
drunk@noon on Dec 10, 2024 10:14am
Sold a chunk yesterday at 69 cents. The 4 companies in BF I
follow did a good job of downplaying risk , even ORE, after last months anit-mining speech. All four of them made one feel...hey, no big deal, even Endevour stated the gov't did nothing wrong, the thrid party was a deadbeat. Said gov't was fine to deal with. But, on the otherhand, the gov't minsters could be responsible, but the COUP leader may not be and he's the one in power could be thinking of snatching what he can of the mines. He may be irrational/ and or corrupt. The risk is real. Or he may leave well enough alone. The country is better off taking a 50% cut of a growing pie--and make no mistake between taxes, royalties, and carried interest they are getting half if no more---of production which is growing---look at WAF jumping to 450-500,000 next year.