If MUX happens to get as low as $.45, it’s worth buying 20K share for at least a 3 bagger. That’s ridiculously cheap. The 2009 low was around $.70 cents with gold a lot lower and oil higher. Their costs should be falling, other than wages.
So many of these shares are cheap – uber cheap.
We may have a couple of more days of pain before loading the boat, but I do believe the Fed will cut to zero and do QE5, and while the scum will probably hit gold and silver on the announcement, that should be about it.
Crazy shit.