Giving the new rules, starting June 28, mining sto
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Posted On: 06/02/2021 5:55:34 PM
Giving the new rules, starting June 28, mining stocks (read; producers!) should get a fair boost. When the manipulating will be over (more or less), we will see the REAL value of gold and silver.
With a calculation of the reserves remaining (verified) and do a historical look when silver has spiked the last 50 years - then we would end on a value of about 600 dollars ounce (check the numbers yourself, always).
Now it won't jump to 600 dollars during 2021
, yet it could do a run to 80-90 dollars (about 3x from the current price), which gives the profitable miners extremely high leverage to the coming huge cashflow.
Study GPL balance sheet and you see 2020 was profitable - with this new free-market silver price; GPL is set up for a big gain at the rest of 2021 and into the future. Potential takeover candidate if the right bid comes from a major miner.
FACTS; https://www.barchart.com/stocks/quotes/GPL/analyst-ratings
Do the math and compare - I`m All In, cause I`ve done the math and this one checks all the boxes (despite the temporary setback) - do your own due diligence and see if you agree or not.
With a calculation of the reserves remaining (verified) and do a historical look when silver has spiked the last 50 years - then we would end on a value of about 600 dollars ounce (check the numbers yourself, always).
Now it won't jump to 600 dollars during 2021
, yet it could do a run to 80-90 dollars (about 3x from the current price), which gives the profitable miners extremely high leverage to the coming huge cashflow. Study GPL balance sheet and you see 2020 was profitable - with this new free-market silver price; GPL is set up for a big gain at the rest of 2021 and into the future. Potential takeover candidate if the right bid comes from a major miner.
FACTS; https://www.barchart.com/stocks/quotes/GPL/analyst-ratings
Do the math and compare - I`m All In, cause I`ve done the math and this one checks all the boxes (despite the temporary setback) - do your own due diligence and see if you agree or not.
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Robert