Wanelad1, yes you are correct that POG is questionable, but if you read the other thread re the fundamental valuations, provided by Southern Cross, Mgm1a and myself, each believe that at a substantially lower gold price the value remains way above current levels. So you have to go below about US$740/oz (depends on US exchange rate) to arrive at a fundamental value of 13.5 cents!!!
Further, when in production, RED WILL trade at a PREMIUM to its fundamental value, NOT a discount like it is now IMO.
Wanelad1, yes you are correct that POG is questionable, but if...
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