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"My top #Gold pick is Panthera Resources. $PAT. I bought another 500k this week. Why PAT has a a $1.58bn claim under international arbitration against the Govt of India. This is based on gold at $3000. At current prices I think this rises to $3bn or 2.4bn versus a market cap of 35m. XX to X payoff with a win with full upside exposure to gold. I think chance of success is +70% - which is the usual hurdle to secure litigation finance which they have. Cairn Energy won against India in a similar licence appropriation case. I also like their Mali asset very much - PAT may be cheap just basis that"
X Link @METhompson72 2025-10-08T09:15Z 12.2K followers, 13.4K engagements