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Posted On: 02/15/2017 7:42:21 PM
Post# of 38
This price of GLLK is where people get wealthy. Nothing has changed as far as land value since the price was at $.20 last year.
If you own 1,000,000 shares and the price moves one penny, you make $10,000.
At todays price, you can buy 1,000,000 for less than $2,000.
Any drilling that identifies gold will increase the value of the land.
The price of gold going up increases the value of the land.
If the price moves 5 cents, you have made $50,000 on your $2,000 investment.
Am I wrong here?
This should be a positive investment.
If you own 1,000,000 shares and the price moves one penny, you make $10,000.
At todays price, you can buy 1,000,000 for less than $2,000.
Any drilling that identifies gold will increase the value of the land.
The price of gold going up increases the value of the land.
If the price moves 5 cents, you have made $50,000 on your $2,000 investment.
Am I wrong here?
This should be a positive investment.
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