Post by
666999 on Jul 09, 2024 2:05am
Bought shares on recent dip
This is great find, I was surprised by low mkt cap, 2 mines are less risky then one, grade is good 500g/t Ag if I calculate to Ag, AISC is also good, 40% margin, no more investement in mines, next year earnings should be same as is mkt cap now, I like mgmt, expanding production, drilling etc., Q3 and Q4 should be interesting as production is already rumping up, volume is good, story is going around, share price should double in Q3, glta
Comment by
Benny007 on Jul 09, 2024 9:30am
Totally agree with you. Bought some shares also. GLTA, Benny007
Comment by
Benny007 on Jul 09, 2024 9:36am
Forgot to add that volume was pretty good the last two days, so we should have hit the bottom in the share price around the 14 day moving average acting as a nice support. Today's volume looks promising with 138k shares in the first 5 minutes and a nice +5% in price! GLTA, Benny007