Post by
Human7 on May 17, 2023 1:50pm
Recent SP action is....
....a perfect overlay of GDXJ, GDX, etc.
Keg and Vargas, if management and the situation is as bad as you seem to now think, I think the price action would reflect it, but it doesn't. Great 1st quarter results, did nothing to change your mood. Crapping on AISC when it's industry wide, crapping on the hedging while forgetting how well that worked out when POG was tanking last year. And if you think $2500 gold is ridiculous, where have you been, it's definitely in the realm of possibility.
25,000 m for Raven last year, and the same this year, and the recent Mining Stock Daily interview where paying down debt was the every second sentence. Plus looking at being taken out, taking out, merging, with CAs everywhere. Does any of this matter to you?
I agree Raven and Eagle deep drilling comes very slowly to the table. I even think the most recent round of Raven may not have lived up to 1.7 g open pit, which is why they are now going to put it all together later this year with a PEA early 2024. This is a broken promise, but it seems the negative is all you can focus on lately.