X64 0.00% 57.0¢ ten sixty four limited

Of course it is priced in, we are trading below 50m$ for a 85k...

  1. 16 Posts.
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    Of course it is priced in, we are trading below 50m$ for a 85k producer. And it's not like we have a struggling producer, who will get out of business when the gold price drops another 2.5$, they actually got out of this severe bear market pretty healthy, at least compared to many other producers.
    What I read out of this guidance is, that management is tired of disappointing share holders and finally make a wise move, so they can surprise to the upside. They should have done this a long time ago, but then again I wouldn't have been able to buy it at these ridicilulous low prices.
    Gold is in a new bull market, one final sell off is coming and after that you will see the sentiment in this forum change quickly.
 
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