The EV/ MRE now under 1
Even if we uses Kevs FD 205m x .55 = 113m mc - 54m cash = 59m
When we poe that MRE is more like 70mt with assays in hand.
Dark are the days of winter in the heart to the seller. Yet the money is made from the accumulation in the discount alley, to the day of redemption.
For every seller who forgoes their lot in our destination, is another buyer to take that seat.
WR1 General Discussion, page-25358
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