IMO, I think that we are sitting on a real gold mine, proved, to be very profitable in the near future.
As an example, Scorpio Gold has a gold project in Nevada. They currently produce a small amount of gold on two different sites distant from each other. Currently their production output is 40,000 ounces of gold per year approximately. They have other sites in exploration but nothing too exciting.
They are sitting on 190,800 ounces of gold and the average cost is between $ 700 and $ 800 per oz. It is nothing as compared to EGX with 8.4 million ounces.
And the SP of Scorpio Gold is trading at $ 0.28.
We currently suffer not see the title up to its fair value, but are you saying that this is a real chance because it is undervalued and when making profits on other securities, you can buy EGX for a fraction of the price where it should be.
Be patient, there is nothing easy in life, and when you will see EGX over a dollar, you'll say that you are deserve it. For those who say "I'm going to buy when there is a RUN" , the more you buy high, means less shares you will have in your possession, and less performance ($) you will have and each $ 0,005 that it will rise you'll lost money. You will leave a lot of money on the table and it is this money that you will retire.
Source website Scorpio: https://www.scorpiogold.com/s/mineral_ridge.asp