Comment by
Bucky86 on Mar 04, 2024 9:43am
I think any positive surprise in production in Q1 or 2 will make this thing pop.... if they can produce anywhere close to 90K ounces in first half of year we'll be be approaching 9$ a share... if not we're stuck at 6-7 max
Comment by
kegman on Mar 04, 2024 10:02am
85-90,000 is definately the sweet spot. Price of gold above $2100 changes everything as well. Just need to see debt brought down then hedging can be abandoned too. Just spend money on the mine for one year and clean this thing up. Show profitibility and then shoot for the moon. I would hope we get back near $7 just on price of gold. GLTA.
Comment by
Swingandmiss on Mar 04, 2024 10:49am
And an underwhelming jobs report Fri would be beautiful. We might see $7 sooner than we think.
Comment by
DonaldDDukc on Mar 04, 2024 11:01am
This is all time high for gold price but since Fed rate is still high. I dont really understand this game how could it sink to 5.2 last week. but I have put in all my money at 6.2 it is impossible for me to buy more.