Giving the new rules, starting June 28, mining sto
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(Total Views: 111)
Posted On: 06/02/2021 6:05:38 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 cash flow.
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
Read More: https://investorshangout.com/post/view?id=615...z6wfeehuUq
Read More: https://investorshangout.com/post/view?id=615...z6wfgAfFuH
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 cash flow.
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
Read More: https://investorshangout.com/post/view?id=615...z6wfeehuUq
Read More: https://investorshangout.com/post/view?id=615...z6wfgAfFuH
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Robert
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