Solid foundations. New horizons.

Free
Message: Maybe one day an arrow will point to probe.

KSM remote with low grades 0.45 gms / ton good political jurisdiction....need 2400 / ounce to break even. B.C. = bring cash

Donlin gold very remote but 2+ gms per ton good political jurisdiction

Natalka 1.6 gms per ton lots of gold very remote and deep russia enough said

Metates grades less than 0.9 gm / ton on average....mexico might be a go due to political will and open pit and cheap labour...not too remote

Rosia Mountain project grade average 1.46 gm's / ton underground lots of political stuff and lawsuits around this one. Resurrecting a remote town.

Probe > 2.5 gm's per ton close to highway ....very safe jurisdiction decent size probably 7 + million ounces potential for second discovery...so good bet for a buyout.

Catso...the projects you mention are all late stage or on hold...KSM might never happen...need 2-3 billion up front for roads etc...good deposit very low grades. Can you say.........pascua lama ! Holy blow the budget batman !

That being said....Shanghai exchange total delivery this week ( look it up ) or follow stockhouse boards. 152 tons ( about 5,000,000 ounces based on 16 oz / lb 14.2 troy ounce per lb). So we'll say...one weeks production of the future underground mine at Borden.

Perspective my friends, Perspective...just one exchange and if you google it you will find ETF's are getting out of gold...SPDR is the largest with around 700 tons or 5 weeks worth of Shanghai gold.

Gold will rise sharply in 3-5 months...just an opinion.

"safest way to double your money is to fold it over and put it into your pocket!"

You bring the shovel I will bring the lime.

Till next week

Captain Time

Share
New Message
Please login to post a reply