You are correct 6 million is no big deal , when other mining company's have 2-5 million .I would be happy at 3-million if they said.The cost production per oz .is what matters here , and that watering down of 100 million shares is not true (correct me if I'am wrong)they are not all fully diluted at this time.Majority of the shares are restricted and are not counted in the price per share , so we have a gold mine if cost production of $125.00 oz. Man any company would be happier than pig&shit to have those #'s. , and for production wise say of 150,000 to 250,000 oz. a year your laughing. I think there are still a lot of daytraders in this stock , can't really blame them , but I wouldn't want to take the chance of missing the fast ride after she does break loose when the #'s come in , all it's going take is for Barrick , Newmont , Placer , Kinross , Corona , Teck ,any # of gold company's to have any of their names associated with any press release from GE
and this stock is gone.Some investors are saying production of 500,00 oz.per year well thats nuts , you want to keep the mine going as long as possible , so you are correct its going to take a year to get results from the mine and longer but that's not going to stop the share price from increasing. |
