RE: Mining Journal - OMI27 Jul 2024 18:09
Seingred lots of things you say I agree with ie on the hand over taking longer than was anticipated and that Brad calling drilling in may too early but I dont think the project is duff maybe brad a bit naive who knows. You always seem to put everything negative which is fine but you miss out a few factors is that gold and silver is in a massive bull run which could last for next 5 years, Im first to say that there will be big pull backs. Also the miners generally across all the board big mid small exploration have done nothing and are at all time lows in comparison to gold which is running all time high.
So my theory is at some point there will be a huge massive catch up and all yes all miners are gunna fly the good the bad and the ugley like tech shares in 2000 like house builders share did like the banks did like fabulous crypto shares which produce nothing. Like the king who wore no clothes everyone thought he looked magnificient until someone realised he was wearing nothing, like lots of people realised the tech shares were crap and had no assets cash flow profits god for give no divdents.
At the end of the day we are in a bull run and gold and silver are starting to go up. Look at the 1970s to 1980s look at 2001 to 2011 tell me Im wrong.
The miners and all goldies massively out of favour. anybody agree. Gold could easily be 5,000 I think 3,000 by end of year. Its starting as soon as rates drop.