Coiling for upside breakout

12 Jan

Goliath has secured funding from gold's top investor Rob McEwen and continues to make strides in their discoveries. Gold holding steady above $2000.

Only a matter of "when" not "if" this breaks to the upside.

25 Jan

Catatan

TP levels 1.22 and 1.5. Thoughts?

5 Mar

Catatan

Price fell back sooner that I thought, but this one is still a good move. Gold holding steady above $2100.
Check out Goliath's latest news pieces on their newly discovered gold veins. They've got some wild amount of gold.

A very back-of-envelope estimation of recoverable value based on 11000/OZ cost basis, 46.5 million ounces total, 90% recoverable, 22B capex: ~440B

5 Jun

Catatan

Price is holding strong at this level and appears to finally be moving up. Gold prices are strong, despite any short term pull backs.
The current resource estimates (admittedly poorly defined, but overall positive) are being refined and expanded in this summer's drilling program. I expect, as assays roll in, the price will begin to run. I think this is an easy 3-5x this year, with great potential this year and in 2025.

11 Jul

Catatan

OH LAWD