RE: Multi bag23 Sep 2018 21:45
You only have to look at the market cap of the company really. Circa 31 million at the moment. BP is easily worth around 50 million when you look at the infrastructure in place there and the high grade resources on offer
Eureka, Giant, Pickstone, Blueberry - yes we only have a 25%-ish interest in each mine but they all add to the market cap and will produce income
If you throw in the big guns like Piciorul Zimbrului, Magura Neagra, the new facility at Manaila and possible diamonds, the next few years could be very fruitful indeed
I envisage an easy 10 bag in the next 4 to 5 years, possibly even sooner. That's a market cap of around 300m. Pretty achievable in that time IMO
If you can, sit back, stop watching the daily fluctuations, look long term and watch this grow over the next few years