RE: The market cap of a company?8 Aug 2021 20:02
Thanks for the replies, some interesting pov as per usual.
@Blantyreboy I am slowly doing research but the likes of your comment have always bugged me:- "Look, why don't you do a bit of research, find a mining company with similar income and costs; job done."
For me, asking questions on these boards "Research" (Unless you dont trust anyone here) Can sometimes give you a better view of a share due to how people can better explain the answer to a question you are asking. Yes you have to be careful of the over rampy posts but tbh I dont get that feel on here, just reading over many of the comments its easy to see that people seem to want to stay more grounded than on some boards in which unless you are overly rampy you are not well liked and god forbid you ask a question that looks in anyway negative! EUA last year was a classic example among a few others, not sure if its as bad now?
I've read over so many posts on here its shown me so far that there seems to be so many who want to stick to whats known and not get to much ahead of themselves, some try to explain in depth why they think GGP has such a good outlook but when you have people getting told off for saying oz of gold that come across as overly high then again it shows atleast some level of honesty, assuming there is such a thing on share boards!
Look at Bamps recent posts mentioning that he thinks that the amounts in the MRE could be lower due to the area thats being used to calculate it, even though its only a part of the actual resource currently known. Some think it could come across as negative due to a lower number BUT does that make Bamps a deramper? Not in the slightest, imo its shows him explaining why a certain number could be less but because of this reason which ends up in being a major positive when properly understood. Apologies to Bamps if my explanation reads wrong. Point being thsi board and some of its posters seem genuine in what they input.
As for research, I was reading about Telfer last night and when you think of what that mine turned into it shows how big these things can grow to, hopefully for you all it turns out to be the same at Hav and beyond.