Share price would still need to increase 4 fold to reach the market cap this company was at 2 years ago when POG was less than $1000 per ounce.POG is now over $1800.
The buying depth suggests there are some big oredrs trying to get in and we know some astute money (Baker Steel) averaged in some months ago around the current share price. Yes it's a high risk-reward play, but there is a long way to go until this stock is overbought IMHO.
Share price would still need to increase 4 fold to reach the...
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