gqc.v - post-tax IRR of 28%, pretty healthy ... capex of 159m, pretty doable, AISC 595/oz of AuEq, hmm quite the margin there eh ... market cap today is what, cad65m roughly, looks to me well on track to produce shareprice gains from here in the middle of tax-loss season to the peak of next year, whenever that be ... and eventually it gets taken out, sooner or later, won't be the first time for this management ... won't be the second either, come to think of it, lol
PFS - Message 30845939
Anyway, that seven million tonnes of ore the PFS is done on, is only the start for the whole district ... so eleven months after making the choice, i'm glad Goldquest is my contest pick for 2016, should trade up in last days of december like the one past, and yes you may expect considerable ballyhoo and some degree of body english from yours truly in the last days
In re the direction of PMs - very few of Trump's stated purposes are served by a high US dollar ... none, actually, what i expect he'll make great is inflation ... so i think this current trend will top out sooner than later, then we're back on the road with metals and commodities in general ... copper worth a good look probably [and just this stage of Romero has 136m pounds of it] |