dictionary - hows Panterra gold working for you...u dont c me trolling that thread downramping, thanks again for comments. Let me weigh this up....PGI 5yrs mine life left, GUF - can mine to eternity...which should I hold?? GOLD useless "dinosaur" monetary medium alternative, and yeah, makes awesome looking modern jewellery (not!). coal (and dericatives - gas), multiple COMMERCIAL & INDUSTRIAL uses....hmmmm
Vlad - GUF wouldve valued mongolian opps ++1bn had the price of coal been @ historical values. They have conservatively priced the asset - mkt participants arent idiots. Only reason not reflected in share price is current depressed price, and the fact we are not a "producer" yet, with CASHFLOW coming in.
Once trucking lic in, offtake partners etc. watch for re-rate. thumbs up to mngt for waiting, why create oversupply in a price depressed mkt?
dictionary - hows Panterra gold working for you...u dont c me...
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