Just a question to the people that think going mining right now is the best pathway at this present moment -
How do we get the money for that ? raises /debt ? How much would that all cost ... probably a whole lot more than proving up more of a substantial resource- which gives a pathway to getting the backing investment/ interest to do that - Now with the rising price of Gold if it holds and rises from here - that will provide more of a case to borrow -
It is a lot more than drilling imo -
So exploration is a crawl till you can walk game - you have to have a very viable prospect before it is feasible to get money ... I know it is hard every year to keep raising- however hundreds of millions ? would be needed to build a mine .... Just saying - chicken or egg ...
Do some maths as to the costs maybe ...
Or invest in a company that is already a mine rather than an explorer..
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