via Kitco.com - Mining MX

The following article blames managers for the gold share slump, but this is only a presage for the presumed onset of a major recession.

One salient detail is that gold shares historically yielded 8% throughout their history, and if recessionary forecasts are correct, demand for yield will become all the more intense.

GBN.V, if it really is a Sleeping Beauty should be able to offer convertible debentures with a yield of 8%, and this will be considered astronomical and risky. Sprott is completely wrong in demanding 12%.

Mining MX

-F6