$GVZ Weekly

Most people are convinced that a high volatility event is about to occur in gold spot prices, bringing with it a rally or a crash. Actually we've seen both under the auspices of gold futures traded in derivatives contacts.

But the gold price volatility appears a layup for a low volatility meltup. Should interest rates take a turn south once again, and negative rates become the norm in the U.S., or should the Bank Of Canada lower rates once again, this will support global and domestic gold prices.

http://scharts.co/1bTFrzI

Bing Maps/Terraserver

You can always expect to find something on the ground, if the satellite maps provide the data.

The balance sheet, by contrast, appears as if it was written by some adolescent trying to convince you otherwise that you are wholly mistaken about this gold prospect, since things are so bad. They are no longer a source of data and ripe with fraudulent claims. If you had placed your production after prepaying costs in escrow, then statements of going concern are at best misinformed, and at worst fraudulent claims. And they are by far and away the most exaggerated nonsense. $CAD gold prices bottomed in mid summer 2013 @$1240/oz., along with other Canadian domiciled gold mining stocks.

Sat photos are showing a clearing was made in the last year, where there once had been a stand of trees. That means construction is taking place. The latest information is a year old.

Bing Maps

http://binged.it/19OoSTW

Terraserver