look at the market, look at the future and look at the historic safe haven that gold is.
Misima has 3.8m oz of gold.
in the last 7 days that gold in the ground at Misima has gone up in value around $380,000,000 ($100 per oz increase)…..but it costs nothing more to mine.
What happens if the experts are right and the price hits $2300 oz by mid year/ That gold in the ground is then worth an extra $1,824,000,000 (read that number again)….and still it costs no more to get it out the ground.
The higher than expected CAPEX price from last year means nothing in the scheme of things. It’ll be mined and those with foresight will be the winners.
KSN Price at posting:
8.8¢ Sentiment: Buy Disclosure: Held
