Post by
bossu on Jun 14, 2021 12:52pm
Drillers must have seen visible gold while drilling...
and they are wispering the findings...bringing friends to be part of the upward share price appreciation.
In my mind there is something better than the re-starting of the Mill
Good drilling results and higher grade could bring the production better than 800 t/day to 1600 t/day ,
I think the Market is expecting better news and this is why the share price is improving.
Finally ,why not a takeover proposition ?
Comment by
wafertechian on Jun 14, 2021 8:28pm
Yes, the market knows something is up, the share price has been nicely bucking the trend of the other gold stocks. The GDX has been going sideways to down and Wesdome has been going up. Yes, lets get a buyout here, I'll vote for it.
Comment by
buff44 on Jun 22, 2021 3:40pm
I rather wait and see then get a buy out for a 20 to 30% premium. If the gold is there, and I for one am betting that it is, the return will be much greater, probably a double and that with gold staying at $1800 US. You're not dealt this hand often and what's your alternative, gdx, nem, etc.. They will only move wth the price of gold.
Comment by
wafertechian on Jun 22, 2021 9:23pm
Yep. I am patient, I've waited 10 years, I can wait a few more months/years. What grade is below the A level could be nothing short of mindblowing. The gold bull market needs a major find of 15 million ounces or more to get out of its longterm douldrums. Maybe this is the stock that will make that happen...fingers crossed.