Extracting Gold costs majors $1,300-$1,500 per ounce (to mine).
They're squeeking by. They're severly cutting Capex spending. They need to grow.
Who they gonna call?
Answer: Calling Tyhee and the like.
Big Al and Brent Cook discuss the gold exploration companies - by Al Korelin, May 10, 2013 http://www.kitco.com/ind/kitcoradio/index.html