Great buying at these levels, was fortunate enough to have sold a nice portion in recent weeks also at 95 cents, before they released they were planning on increasing production to 230k/oz +, the market loved this...
Gold pour imminent, POG $1740, already large reserves and LOM, large resource and reserves being converted further, high grades, 230k/oz p.a+ plan in progress possibly put into place within 6+ months, low capex, management on the pulse... whats not to like still cheap compared to peers GOR & DCN with MC of $440- $520m year off production and big dilution/debt...
Once the dust settles from Fed, POG can move north, BLK deliver commercial production, all of the above combined will re rate accordingly, if all delivers $1.50 first major target by Oct, Dec/Jan $2.00
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