RE: The price of success24 Oct 2019 11:42
I think the sp has been in a long downtrend due to lack of positive news since Newmont got on board, yes the Uraguay situation seems to have been settled but due to lack of clarity, imo, from OMI regarding several factors, people are getting concerned and so are selling, most likely at a loss. The MMs will make the most of this and shareholders will just get shafted whilst they do their thing. Ultimately i feel this will come good and once some clarity from OMI and Newmont is seen, then we we see a big move up in the sp. If all is on track, which i believe it will be, i would expect the sp to be at a price many multiples from where we are now. The sp is at a very low level mainly due to uncertainty which should clear in time.