RE: Interesting comparison12 May 2025 15:56
Terry it had crossed my mind the comparison but really we cant compare as they are producing and we are not. But a similar price action, they have had good news we are still waiting for our cracking drill results last month were not as good.
3 years ago we were 17p but now only 11p when gold was around 1600 to 1800 dollars now its 3250ish. When gold goes up it makes gold in ground more valuable but the trouble is we have lots to discover yet whereas ggp have found and got a resource estimate on lots of their assets we still in process which could take many a year yet.
Also lots of these exploration companies are worthless and lots the market is valuing as price of a bag of peanuts megga undervalued atm but the potential is huge here but we have to sit tight buy the dips and be patient, traders like seingred will buy sell and move on thats why he holds 70 positions and lots in his beloved crypto. Why hes here is beyond me why anyone is here who is negative all time like my favourite investor is beyond me.
But the skies are blue in my book and ill keep adding a few here and there as one thing is certain gold is going towards 8,000 in next four years and that will make all goldies very undervalued as long as they can prove they have it in ground.
Per brads words El Pantano could be a billion pound project on its own, The land holding we have is huge in both Argentina and Anza which will take years to discover and thts why brad will chose a partner for El Cedro once hes proved with some good drill results, they will be queing up to get a piece of that and will pay good money upfront and cover all drill costs, I just hope brad does us a good deal and only offers a small slice of cake.