I Listen (and read 47 page Presentation) on conference call yesterday
All sounds good if all DREAMS come true however I have never owned an equity where all goes well. MUX needs nore $$$ ..coming up 120 million and more in the future. Also to get in S&P 500 need to increase capitalization 800% by goal of 2015.
Odds of all these things mentioned in the presentation seem to be against all odds. BUT I am a believer (or gamblig) some will happen and we can make money. (I HOPE !!)
PS I ws not very enthusiastic after the presentation yesterday for almost all is betting on the future .. not what has been attained.
Praying ..(and as you know praying dosent help anything.
LOL...poor attempt, very transparent. The facts are in and execution is on track. The biggest risk here is NOT our own resources, but metal prices and TOTAL execution. A MOST IMPORTANT number everyone should be aware of is total Sustaining cost at El Gallo will be dropping from the present 1200/oz AuEQ to 700/0z AuEq...40 percent drop by mid 2014. Very significant drop!
rxbond ..fully agree! How did you like the page ..GOLD $5,000 an oz, Rob is really really bullish!
A share of the DOW should be ..one ..two oz of gold and now 9 ozs. I hope he is right! Gold should go up ..hopefully Dow not coming down.