Post by
dredredre79 on Jul 24, 2013 7:50pm
increasing my position...
this is crazy! the price is the same BEFORE the announcement in which they more than DOUBLED their resources. hmmm...if it was undervalued then......well you know the rest of that story
this isn't a 'potential' or 'high likelihood' we're dealing with - wow, anyways low risk high return folks
my thoughts only
gtla
Comment by
1kgcoffee on Jul 24, 2013 8:32pm
The resource is too low to develop. There are properties with significantly higher grades and 5x as much gold which are too expensive to develop, trading near cash value (exeter resources).
Comment by
fleamarket on Jul 24, 2013 9:02pm
??? Meaning what, this is too expensive to develop.
this is only one of their many deposits within 30 km of each other.
Comment by
yixter on Jul 24, 2013 9:05pm
To low lol lol not likely pal this is a huge porphyry deposit exactly what the majors buy these guys are stepping out 150 meters at a time the mineralization is consistent and uniform Santa Barbera will be a monster deposit Fruta del Norte will be mined and Santa Barbera along with it these massive deposits are rare I'm going long on this its the kind of stock that makes people rich!