I've been in PSGR since 2006 . . . . . Over t
Post# of 1517
Over the years there have been times when I simply forgot I owned it. ...... It was recommended by a distant acquaintance who told me that "he believed they had good amounts of gold in the ground" ( not an exact quote after so many years ) .
Over the years I always assumed the owners/directors were sitting on the reserve as a HUGE savings or retirement account. ...... Well, we are all getting older, are we not ?
Well, here's my response to your post : ...... You have mining expertise while I have none. ...... What you post I do understand but it stops there . . . . . . ...... Here is my current area of concern : ...... When will the S.P. rise and by how much ?
WHAT DO THE OWNERS WANT ? ...... Do they simply want to "enjoy" running a successful and profitable business ? ...... Or is their primary concern motivating the S.P. to stellar highs ? ...... Or do they want to bring this near to production and sell out to get their pay-day ?
I'LL TELL YOU THIS ONE THING FOR SURE - - - - they are totally unconcerned with "primarily" getting the S.P. to rise. ...... That much is obvious from the way they have managed ( and continue to manage ) news releases over the years.
Which-ever of my three scenarios is primary ( increasing the S.P. - - - running a successful business - - - or selling a business with potential ) THE SHARE PRICE WILL RISE.
If these guys are as good as I think they are, the Share Price will rise. ...... If there is as much gold under their feet as I think there is, the Share Price will rise. ...... SAMUEL CLEMENS on the subject of Gold Mines :
http://www.broyhillasset.com/2009/10/07/a-gol...ar-on-top/
That's all I will say for today.
Work awaits, because my gold mine(s) ain't buyin' me my food ! ! !
Until2017