As previously mentioned, market has completely missed this.
Drilling for epithermal gold deposits - a la Pajingo - aimed for the second half of CY2023 - now stated.
$3.8 million already spent.
Gold up again last night.
Gold is all about the US economy here with property pain now setting in - both commercial and residential.
Chamath and David Saks state the obvious on their podcast - 80 per cent of voters are connected to residential real estate. 8% mortgages have now kicked in there. Hard to win an election when you are killing residential property with rising rates.
Above is not financial advice and my opinion only,
Ann: Extensive work programs underway in the Drummond Basin, page-2
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