Welcome To The 300 Club HUB On AGORACOM

We may not make much money, but we sure have a lot of fun!

Free
Message: Re: Orgy

Feb 04, 2021 06:05AM

Stocky, likewise I hold a sizable chunk ... PFS seems encouraging but also underscores it is a long way from being a functioning mine ... I agree the capital cost is a major obstacle, and do not believe at this time much will happen ... although open pit is a relatively cheap form of gold mining, the gpts are a bit low ... I think we will need to see a significant rise in the gold price before it will attract interest by a miner looking to add some reserves .... at close to 700 mil shares with an npv of 1.9 b ... and nowhere near production, I will continue to hold, but do not see any meaningful appreciation in stock price based upon the pfs.

Orgy is my name!

1
Feb 05, 2021 06:48AM
Share
New Message
Please login to post a reply