BC8 0.00% 34.5¢ black cat syndicate limited

She is cheap at 20c. 74c target on paulsens restart. I guess we...

  1. 11,953 Posts.
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    She is cheap at 20c. 74c target on paulsens restart. I guess we might see a fat elastic band effect on Sundy money hitting. No more guesswork then. The mine operated for 12 years just fine, so it's a proven asset. The gold price has outpaced the recent profitable studies. I guess we get the other two mines for free even if this takes off. The previous delays (normal in the development stage) have caused some to give up. The entire sector is incredibly cheap by historical standards. I read an article on Russia surviving the sanctions. Looks like gold backing the currency and using that to pay bills has cemented their stability. Central banks are buying the crap out of gold for gold reasons. The US govt is running up a $1 trillion in new debt every 100 days at the moment. That would indicate a step change across the board. This is more than just about a rates pivot. This is a major change coming imo.
 
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