Post by
tylerd on Oct 25, 2021 12:47am
I’m calling it. I see a 15 bagger coming before end of 21
At least a ten-er.... But I've been wrong aplenty so caveat emptor. The fact that this is considered green business will draw disproportionately high interest just because of leaf lickers and the govs that pander to them... specifically Mag. But Gold, Silicone, Silver, Lead, et al.
full disclosure. I'm long and holding longer than most if not all of you.
Comment by
dmacd on Oct 25, 2021 10:08am
Need the permit in play and a credible offtake agreement or equity stake for that Perfect timing for a run up and keep in mind that magnesium demand will grow way beyond current and China will not be the preferred supplier for EU and US.
Comment by
MoneyK on Oct 25, 2021 5:06pm
10-15x from what level? Whats your rational behind that valuation? Is 5% discount typical in magnesium projects? Im used to see 8%. Grabbed a couple of shares today a new to this company. Thanks MoneyK
Comment by
MoneyK on Oct 25, 2021 9:22pm
Being new to this company, I looked at the numbers and very solid project. How is this company trading at only 35M? Unless I'm missing something, I could see this company trading at 5x-10x the current value. IMO. MoneyK
Comment by
Beaud7777 on Oct 25, 2021 9:33pm
No mine permit yet. Been working on getting that for 16 years now. We are hoping that news is coming. Will launch this thing into orbit.
Comment by
MoneyK on Oct 25, 2021 9:37pm
I could see this happening in the next couple of months based on my research! MoneyK
Comment by
MarketGod99 on Oct 25, 2021 9:55pm
I agree ! If only were able to get permit anytime soon , this ....oh man . Well be very happy . I don't there will be any agreements with china anytime soon .
Comment by
MoneyK on Oct 25, 2021 10:13pm
Where do you guys track magnesium prices? MoneyK