This company will turn around at some point imo. We just need a complete restructure of the management team and cut the fat. If they were clever they would be cutting themselves before shareholders dictate what happens.
Let’s face it, this should be a 50c plus stock by now with mines in operation in this gold market. Yet we can’t even get above 5c. It all comes down to a disaster of management and lifestyle-type behaviour. Nothing has been done in the interests of shareholders in recent years. It’s disgusting.
With a new, restructured management team, we are going to excel as our gold assets start bringing in the bacon! Let’s face it, there’s no way the gold price is going to collapse with the current state of the world. Both on an economic view with record debt and likely collapse of the usd soon, plus the geopolitical issues across the world. Gold is destined to excel imo. I would not be surprised to see $3000usd this year, which is reinforced by the rise of BRICS and their current gold buying spree to undermine the U.S. financial system. It’s only going to get crazier before 2025 too, especially with the election. Hopefully we are producing in this environment asap, with big profits and a new management team. Then the re rates will take place!
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