I lost quite a bit on this selling out in the 40s on the way down. Nice tax write off.
However, at these levels, it seems pretty compelling.
I don't think I'm catching a falling knife as 20ish long term support looks very solid.
While it could go to zero, I doubt 10.19m oz au equiv, to be upgraded shortly (even though probably marginally due to those grades described, will go unmined. On an MC to oz au it is very cheap for an explorer and super cheap for a developer.
Then Kalman still has potential, even though it's thin and deep.
Now with the Opies stock cleared, it should settle and investors come back.
Wish me luck!!
SDG.
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