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Glpg

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26/08/22

08:48

Post #: 63334439
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Originally posted by Battersea: ↑

GlpG is wrong and Cherryburn as he often is is dead right - but could be more right.

I've been doing this stuff for 40 years and this stock is a layup.

Of course there are risks there are always risks with holes in the ground.

But let me list the positives:

3mill oz resource - at present.

Excellent management – Caigen Wang is arguably the hardest working person in the mining sector.

Supported by excellent management and an outstanding chairman.

Matt Wilcox has done this before - twice I believe –this isn't some kind of trial run for him.

This company is fully funded until it generates income.

Next year they're going to do 260,000 ounces of gold.

Long mine life

Blue sky - other very interesting targets in Ivory Coast and Liberia.

Look at the metrics and do the calculations yourself - (and pay no attention to Petra’s silly NPV10 – what planet are they on?!)

So let me be clear this is one of the rare stocks that you never want to sell – it's a keeper and it's going to potentially be stolen from you by a lowball bid.

This is the gift that keeps on giving – until someone steps up and bid 3 or $4 for it – then you can legitimately say goodbye.

So it's all hands to the pump, girls – that is if you want a $3 stock with dividends – but if you don't go and chase moonshine elsewhere.

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what proportion of your holdings are in TIE?

TIE Price at posting: 53.5¢ Sentiment: Hold Disclosure: Held
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0 Great analysis

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