Do you believe btw, that the lack of funding for juniors that have not performed PEA's, and FS's will harm overall gold supply, and thereby increase the POG?-Hansix

If Sprott were to answer this question, he'd probably say what he said yesterday on KWN with Eric King...about "100,000 gold mines" were in production by the end of the Great Depression. Funding for juniors will not be a problem, according to him. My guess is that he would extend that to those juniors with no PEA's or FS's, assuming they have a substantial deposit and exploration potential.

Ps. Ian Gordon, noting stats from the USA Bureau of Mine, has said a number of times that there were 9,000 operating gold mines in the USA by the end of the Great Depression.

I suspect Sprott is off a bit on his account of there having been 100,000 mines.