IMO I don't see Gold slowing down in the near term, if this possible Cup n Handle plays out!
Possible $3,200 GP in the very near term which means that a 30% Wipeout in the GP in the 5 yr payback takes it down to $2,250, very comfortable for the Qala project. If a drop does occur due to a black swan, gold is historically the first to recover, so this isn't a concern for me.
On all the podcasts/conferences they say that ONLY the profitable and the best projects get funding... WWI tick... That means that most of the pundits/experts group WWI in the rarefied air, the upper echelon of Gold Developers.
Soon this project (& WWI) will go from high risk to low risk and that will be when the biggest pop in SP will occur, IMO.
I don't know when this will happen but I'm locked and loaded and trying to accumulate as much as possible before the market realise that WWI is sitting on a Gold Mine. TINFA
WWI Price at posting:
1.8¢ Sentiment: Buy Disclosure: Held
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