LC has a piece with Terrane history here, i didn't know Placer paid 230m loonies for Mt Milligan near twenty years ago, woo - Message 24628995
It's justum pretium, only one E, 'fair price' ... yeah well what does that mean exactly, remember the golden rule - he who has the goldcorp makes the rules ... we won't get the big bucks out of it, but we will get a lot better than .60/sh, it starts to get reasonable at about three or four times that, and a good deal is still left on the table for g.to, which is necessary and just the way things are
Shareprice is not doing so bad really, kept most of its gains for the month ... no worries mate, just a small retrace, bump in the road, doing better than many others, i've added up to .52 and appreciate the chance to get more if/when cash becomes available - stockcharts.com
Seniors/juniors - that'll change, nothing goes forever in a straight line ... seniors make big holes in the ground, juniors make their next mines for them - it's how the transfers are arranged, and who gets what relative value out of their efforts, that's what we're about to see ... probably get disappointed to a degree, especially for those of us with unrealistic expectations, but skunked we will not be - they'll need those mines, got their beady little eyes on em right now i betcha |
