Hi all. First posting on here for over a year. Been busy posting on my less impressive stocks.
But this little gem is getting exciting now and only time is needed to see blacky give us that golden smile.
To me it is obvious where we are going with the share price over the next 6 months or so.
Just looking at some numbers from other goldies.
PRU - 2.5Moz @1.3g/t - MC $481M
BDR - 3.5Moz @1.4g/t - MC $332M
SLR - 5.1Moz @2.7g/t - MC $264M
so in comparison with just a handful of other goldies - so far....
BLK - 4.7Moz @3.2g/t - MC $132M
Rough figures but the general idea is here.
I am seeing a MC of $280M+ by end of year.
Easy to see where the broker valuations are coming from....and that is just on current reserves.
Anyway. Glad at least this holding is going north.
GLTA.
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