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speculator101

11,789 Posts.

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08/02/17

14:05

Post #: 22457528
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Originally posted by flaming ↑

First of all thanks to everyone for not coming out on full scale attack.
Usually the believers get very upset if they hear anything they don't like.
Now I'm not saying I am right and everyone else invested here are wrong. I have been more wrong than right. Being wrong I have paid a enormous tuition fees to the market, but have learned a thing or two in the process.
Most people here are only looking at the large resource and singing how undervalued it is. If that resource was economic, the professional Gold Funds would have bid it up to 500 Mil+ & more.
After the cap raise the market cap would be close to 275-290 Million.( Depending upon how much they raise.) I can almost assume the cap raise will happen at a good discount. I think that's quite a money for a 60-75K producer. Yes, I know they are planning to produce 200k ounces one day. When that day comes we can talk again.

Once again, just my thinking. People should always have their own conviction.

All the best

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Flaming - I urge you, when/if you get time. Investigate BLK. Maybe you don't like what you see on the surface, but... I challenge you, dig deeper, get a better understanding and then come back and I am happy to discuss BLK all day long.

Others have already pointed out you may not have all the numbers you need in front of you.
Cheers.

BLK Price at posting: 83.0¢ Sentiment: Buy Disclosure: Held
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