Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Https://www.investopedia.com/terms/m/minskymoment.asp#:~:text=A%20Minsky%20moment%20is%20the,overleveraging%20once%20prices%20stop%20rising.
I seem to be the only realist here lately. And you all complain when the fud brigade show up following this weekends share price predictions. I posed a question below. The rest is up for debate. I’ve posted SP forecasts lon the past based on FCF estimates, PE ratios and various margins. Actual mathematical calculations. Don’t try to discredit me with nonsense. I’m a shareholder and stand to profit from a higher share price. If a 6p stock can get back to its ATH of 38p that’d be amazing since we have had 25% additional shares issued. We’d need a new ATH or 47p to match the prior market cap.
Will GGPs share price follow a similar route … it also spiked a few years back like this
https://twitter.com/ResetTime2030/status/1781874109019721759
Https://twitter.com/GoldPredictors/status/1781929364235718934
Not belittling anyone. But you can’t complain about the “derampers” when posts like £5 a share are put here and we’re 6pence.
If I used $10k gold into my FCF calculator what AISC do I use…. Won’t be $1000. The key number is “margin” per ounce plus how many ounces we extract a year, times a PE ratio. That’s rational. 20p is £1bill market cap at the current issued shares. Important that GGP starts earning income as soon as possible.
You ever wonder why this place has festered the trolls the last 3 years since the ATH… posts like £5 a share are a good reason. Ramping like that during 2020 followed by a 3 year fall is exactly why this place manifests into a kids playground. Sensible valuations based on real numbers is better. Don Durrett has $3.4bill if his parameters are met. Far short of $50bill. I’d love to win the lottery myself and would love to see GGP up 10 fold. But I’m a realist. Perhaps a few here need to settle down.
Easy to write a SP target/range on a page. Our reality will be in the context of the sector as a whole we are in. If all gold companies rise 10 fold in value then yes GGP should too. We need to start pulling out gold and copper though. Money flows to the top of the sector, those with earnings and profits