Beachcomber - "Could be possible (Take over) as State street announced a substantial holding.This usually means we are being shorted.For shore, the acquirer won't want to pay much for the company.Will come in and act like the white knight doing us a favor."
From the last quarter " FY24 production and AISC guidance maintained: • Gold production: 415koz-455koz• All in sustaining costs: $1,995/oz-$2,315/oz (incl. ~$200/oz non-cash inventory adjustment)"
Looking better every day, my new Goldie and if it gets cheaper I will be buying more.
My take.
1 - On schedule to make from 100 to 150 million profit this quarter, gold price averaging $3300 oz an oz.
2 - Takeover possibilities.
3 - Still cheap relative to most others.
4 - Still in a safe country that has low sovereign risk.
Risk
1 - The gold price ( Double edged sword, risk down but reward up, NO! one knows , one can only guess)
Happy hunting folks and please do your own due diligence
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1 | 56 | 1.615 |
2 | 57749 | 1.610 |
6 | 60434 | 1.605 |
6 | 55264 | 1.600 |
Price($) | Vol. | No. |
---|---|---|
1.630 | 9925 | 2 |
1.635 | 60889 | 3 |
1.640 | 33403 | 2 |
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