Post by
javaman12 on Feb 01, 2023 6:10pm
RE:52 week High
Once our share price blows though $24 dollars, I guess that the analysts will have to re-evaluate their upper limit their target price. Gold is rising quickly, ignoring interest raises by the Fed.
HIgher inflation, will remain for at least another year! More rate raises, may be yet to come.
The next company financial revenue report, should post a real solid gain. And the next one, will be even higher!
Torex Gold is still, a very cheap stock. It still has a P/E less than 10. (7.9) It is also one of the few gold/silver companies, actually making money.
$24 dollars is just the start. That's only 27% higher than today's closing price! Torex's share price is steadily moving higher. When Torex begins a real move, it really rises fast!
There are only 85 million shares available to sell or buy. That's a very low number of shares.
Torex Gold is a very unusual gold company.
They have found a lot, of a very high grade of gold.
GLTA, Java
Comment by
Windsorman on Feb 02, 2023 2:16pm
I agree. Don't be decouaged with the pullback. Oil should not be up after after the build in inventories. Losts of speculation in oil and tech stocks. I invest based on fundamentals.GLTA
Comment by
Windsorman on Feb 02, 2023 2:45pm
Most profits are made when you buy when others panic and sell for no reason. GLTA