Where does this magic number come into play? 3 MM oz then the majors will pay attention? I'll admit ive been victim to state it many times but i've only said it casue i hear so many other people state this in regards to SGR.
I am now just questioning why this is the magic number? is it not 2? 5? 10? Are we only saying 3 because we think we are going to be over 3 in the next 43-101? Does someone have any real reason why 3 million is a magic number? Do funds and other big players look for a minimum reserve amount and if so id imagine some would look at different numbers pending the fund/person. I imagine in the end that people should look at current and futre profitablily as the sole reason to invest in a company. Sure the more gold they have the more they can produce and the more money they can make but only if they can make money while producing it.
Anyway i was just looking for some thoughts on this number.
Jeff