Unfortunately Rby can not produce gold for $870 an ounce and should they ever decide to go to production (which may be doubtful) you will soon find that out. Apparently this study merely copies what management has said and that is there first mistake.
Yes he is a genius. He said gold would hit $1.66 and sure enough on it's way to $1.70 oddly enough the price did indeed hit $1.66. This man is too much. He just pulls numbers out of the air and the stock at some point hits that number. I really do not know what kind of magic he uses.
There is nothing to indicate the price has firmed up. $1305 is not any more firm than $1290 which is where it may be early in the morning. If it ran to $1330 then it might be firming up.
The stock price is going to get down to a price that more appropriate for it. There is still far too many unknowns connected to this mine. And also the price of gold is far too weak.
I will always wonder why your are so sick? Perhaps there was a lack of love in your life. Perhaps that is why you are such a low life and represent a lying jerk. . If you were smart you could target Rby too and make some money with those few shares you own. It would not be much but you could stop whining and make a few bucks. First you might try cleaning up your life.
Well certainly there can not be any analysts that knows anything close to what you think you know. You could at least tell them what you think and give them a damn good laugh.
That is okay the clown will come up with another crazy number by tomorrow. He plays with all sorts of numbers. and none of them mean one thing.
Not at all surprised. Pio has a way of misleading people. If memory serves me correctly that is the number management come up with many months ago. Since then they have tacked on the Royal Gold deal. The price of producing an ounce of gold goes up when you are selling some gold to RG for 25% of the spot gold price. I do not think $870 was realistic even at that time and I am sure it is much higher now and will be even higher when and if Rby decides to go to production.
You got that right. One of these days this clown that is always pretending to know so much is going to come down to earth and it will be a rude awakening. The company itself knows things are not that good and therefore they keep postponing production.
Yes it has been said many times before by you and you will say it many more times too and it will never prove to be anything but untrue. You will suffer from denial as long as you live. Your same Tick, tick, tick will be posted 10 years from now. Pay some attention Pio gold has been going down for 3 years and if we are lucky this bear could be over in 10 years this time rather than 20 or more.
Park you can look at all the pictures you want but those pictures will not have one thing to do with production beginnings. They are nice but nothing more. Management has stated they intend to go to production in the middle of 2015 and I serious doubt they can make that. I think Royal Gold will prompt them to get on the move, but even they can not pull rabbits out of a hat. Do not bet the farm on them producing any gold this year.
I do not know if Rby has said this. Perhaps they have and perhaps they have not, but I doubt they will attempt to produce at $1100. What they have said it would cost to produce and ounce of gold and what the real number is may well be far apart.
Well you managed to switch the subject once more because you were losing the argument. Now you are talking about every gold mine around other than Rby.