Post by
Silverichman on Apr 08, 2020 3:05pm
ASK is minuscule
Next ask is: 500 shares at 0.54 $ (CAD)
I think we are seeing a nice reversal quite soon. Even with having averaged down quite a bit, my average-position is now at 1.65$ (CAD). I guess that we could easily see 2.5$ in case of a JV (or takeover) - within a very short time frame. Would not be the first stock I own that gets a takeover with a huge premium. TAHOE was my last one, and some others before. I smell a huge opportunity here, and I am not talking about 1$ or something like that, I am talking about 2.5$ very soon. There is some serious money pouring into miners right now, as physical metals are scarce all over the world. Producers with huge reserves - even if remote, are worth their fair bucks. And here we are getting ounces for cents on the dollar so to say. This, at current valuations, might be the best deal in the 50-100 million market cap range all over the sector. Mark my words.