i think the land theyre on is good. absolutely. i dont doubt...

i think the land theyre on is good. absolutely. i dont doubt that.

It just concerns me when people take a salespersons pitch as a reason for confidence. I mean, that's exactly the point of a salesperson right? to imbue enough confidence for a customer to buy. And especially so when there are legal caveats around those "forward looking statements". Leadership of any company can make whatever statement/claim they want so long as its covered under the 'forward looking statements" caveat, and it's perfectly ok for them to do so. It's an important legal caveat, to be sure. Imagine if management was liable to be sued any time they said "hey, we got a good thing here". it'd be chaos.

I'm not pooh poohing his statement. I tend to agree with it tbh. but I that's because I've formed my own opinion. which the chariman also happens to share a similar conclusion.

My concern, if there is one, is that the good grades of future hole outputs are already priced in. And that anything below "tier 1 discovery" material will net a short term dump. Which, for any long term holder isn't really a problem. But we do know a CR is on the way. - probably early next year. It'd just be a bit of a double whammy that's all.

But these are all just the musings of my own uneducated self. certainly not advice. dyor.