Rick is brilliant. I have learnt a lot from him as a member of the rule classroom. It's free to join and his periodic bootcamps have been a great learning experience into the resource space.
Imagine you live in a society where construction worker bosses can pay their workers with grams of gold daily. It just makes sense when you stop and think about it.
I think you will find FNV peaked at 161 in May then after the cobra Panama news dropped to a minimum of 104, which is a 35% drop. I think this is what Rick is referring to. I suspect the mining community knew something wasn't correct, hence the beginning of the drop after the peak price.
Rick is brilliant. I have learnt a lot from him as a member of the rule classroom. It's free to join and his periodic bootcamps have been a great learning experience into the resource space.
one of the sharpest tool in the tool box
He gives back when is does not have to, a man's man
The ruler!!
Imagine you live in a society where construction worker bosses can pay their workers with grams of gold daily.
It just makes sense when you stop and think about it.
Franco pulled back about 25% rather than 40 % anyone can look at the chart and see. Rick is prone to hyperbole.
I think you will find FNV peaked at 161 in May then after the cobra Panama news dropped to a minimum of 104, which is a 35% drop. I think this is what Rick is referring to. I suspect the mining community knew something wasn't correct, hence the beginning of the drop after the peak price.
Thank you
But is FNV still so very cheap?
Comparing FCF to Market cap, it still seems pricey to me
What am I missing, please?