Post by
SgtFriday on Apr 06, 2024 9:00am
"Trading Places" the movie
I get the feeling we are just like the movie. Instead OJ we are using Gold. Unless the shorts are just covering here, people are realizing there is no damage from the frost.All the negative news if just smoke and mirrors and wall street manipulation. Gold is in the ground. Even if it cost C$2000/oz to mine, we stand to profit C$2B-3B with todays prices.
It's difficult to be patient.
Comment by
specky on Apr 06, 2024 9:18am
If just a few mining companies have a tad of interest in buying out this company, of course they will buy this cheap stock on the market and don't have to report anything until they have consumed 10 percent of outstanding shares. Mining companies do this all of the time prior to attempting a takeover ( friendly or hostile)
Comment by
GillieBan on Apr 06, 2024 9:39am
I think this is astute. The tweet (and the NR from a few weeks ago) likely righted the sentiment ship a bit. It's nothing material and changes nothing about the potential of the mine - which I think remains solid - it just might have undone some of the unjust FUD around the stock in recent months. I'm glad I kept on buying under ten cents.
Comment by
SgtFriday on Apr 08, 2024 1:06pm
My guess is that Desjardins Securities Inc and Anonymous have $1 bet they can make some people rich while banckrupting others. LOL