RE: A Caution About GDXJ12 Sep 2020 21:59
On the one hand - this is AIM and it is a magnet for unsavoury trading activity and corruption...many of us have been on the receiving end of this. So what TMT said could......just could have wings.
On the other hand, we all know (and the NCM interim has confirmed this) that we have something very tangible now. What is discovered, cannot be undiscovered. Could be 7MOz could be 17MOz. We have all that copper too, to offset the AISC, not forgetting a purpose built plant @ Telfor. If GGP was a lager, it would be the best lager in the world!
Not forgetting the sale earlier this year of atleast 130 - 180m shares in this stock....it barely dented the sides! Not even Covid casn derail this beast.
Short of a genuine and unforseen disaster (like blowing up an aboriginal artefact by mistake (or was it?)) this stock still has legs......lonnnnnnnnnnnnnnnnng legs.