Minera IRL Forum

It's a crappy day for all the goldies on the TSX. Most are down between 5-10%.

Maxoscar, learn to use punctuation and full stops. Your post are hard to read and it smacks of laziness.

Average target price is 25p. Most of the other gold stocks I hold have target prices about 1.5x the current price. This one is over 5x.

Not enough investors doing their research. This is one of the best of the goldies. Just hasn't worked for the short-term flippers. I believe we will soon rise above past levels.

20p Here it comes any day now

They can't not finance Ollachea. The community is very much behind it. It's high-grade gold and a lot of it. 3 million oz is very likely. 5 million oz is quite possible. Not many like this left in the world. Whether it's this week or next month that the financing deal is finalized doesn't really matter that much in the end.

The ask price is up to 9.5 cents from 9 cents yesterday and 8.5 cents last week on the TSX.

Windrush - Sorry to burst your bubble but first of all, financing will be well before March - hopefully very very soon actually. Secondly, they won't run out of money. Macquarie has been funding them - they're not just a bank for them, but also a major shareholder. Macquarie is their safety net. That's why I'm very confident loading up now. If we're buying low and selling high, this is low, and I believe it's THE low.

I've made quite a bit of money over the last year and a half during very bad times for miners. The secret is to buy a lot of shares at times like this.

If financing comes through in a week or two after the 3rd quarter results as Mr Chamberlain said was a possibility last week, it could come together next week.