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27/11/20
21:48
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Originally posted by Wilbury:
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I don't think Gold is getting "crushed" it's pulled back a little and possibly consolidating.. the USA is still to announce its fiscal stimulus - probably somewhere in a the vicinity of 1.8-2trillion plus. countries all over are still printing money as they experience covid flare ups. the fundamentals of gold haven't really changed. I expect it will still slowly climb. in fact for the resource this company is still seriously undervalued- and anyone that's held long enough knows it's because they have had issues with bad management and cost blowouts. once the 2 stages are done it will be great. I suspect this cap raise will be to fast track some construction or the drilling/exploration. though I must admit they do have a bad habit of disappointing LT holders. IMO DOYR
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Mate people have been saying 'after this CR it will be great' for years. It's mugs like you that allow management to pay off $5 million beachfront mortgages.