Don’t fret boss. The spectre of country risk always looms large in my eyes. I think we need to keep our eyes on the milestones that have been foreshadowed e.g. powerlines, road access etc. We must ensure the company meets timelines and on budget. As they do, confidence builds and then it can be said progress is obviously happening. If the company can do a bit more exploration and infill drilling over the journey, that will assist the shareprice.
It is when you see missed timelines and cost overruns that trouble starts and sentiment gets smashed. So far, so good. I know it can be dispiriting when you don’t see the rises (for example today) that we can legitimately expect.
I say sit tight and let’s keep marking off progress. When the company is producing gold, no one will stop the price rising. Management has experience (which you can’t buy). Look for trouble en route to production, but know in 13 months we are also likely to see higher gold prices!
GLTAH
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Don’t fret boss. The spectre of country risk always looms large...
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