RE: Market grasping how cheap this is07 Oct 2020 14:34
Lol pulled over for 10 mins. As soon as I posted I noticed we popped up. These rises are only the prelims until we hit 100p £160m cap and then I will feel we are in the market picture properly. Peeps still getting to know who we are atm.
Good job we have the reassurance of Agnico taking position and running ops on the ground along with Newmont. I hazard a guess their people have more than a degree in the field. These guys are committed and funding the lot and Omi.
I think you may be surprised. The prolific middle cauca belt has already built its reputation and as Royal road state it holds unusually very high level of gold.
Buritica proved it, royal road proved it and Anza sitting in the sweet spot has proved it so far. The 2 majors backing this are for me edging that this trend is expected and will likely continue. Anza grades so far top of the lot and Buritica grades were fantastic.
As investors not punters start to realise the gift at these levels they will be reluctant to sell until they get fair value. No way would 2 world gold major producers be settling for a low 28m cap we are talking 100’s of millions on the cap as seen with SOLG and GGP. It took a while for the market to switch onto the opportunities there also. Now look at their caps and look at OMIs. Massive upside coming.
Yes that is the case but as Anza is now unlocked by two world leading gold producers I expect the heavier volume to come from deeper pockets who tend to have a greater handle on the long term benefits including no dilution to do harm to your position etc. No funding issues it is all in hand. Instis will want a position I would imagine more than one insti investor at that. The key for a pi is to hold through the peaks and troughs and keep his eye on the ball. That’s my take