Long

Coiling for upside breakout

Updated

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.

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TP levels 1.22 and 1.5. Thoughts?

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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 cost basis, 46.5 million ounces total, 90% recoverable, capex: ~

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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.

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OH LAWD

nothximgood

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