X64 ten sixty four limited

Earthquakes, page-2

  1. 2,135 Posts.
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    I'm curious miningnut….given that Medusa has mining for over 10 years in the Phillipines and with the frequency of earthquakes you are suggesting wouldn't those risk factors already be taken into account by Medusa when developing mines etc. Correct me if I am wrong but isn't there risk involved with all gold mining. What we don't know is how much gold is on the tenements Medusa owns and is developing. Similarly with all the geopolitical turmoil and economies struggling around the world where is the gold price about to go ….particularly under the status of Peak Gold (do your own research on that one). With rapid gold depletion over the centuries it is my understanding that there is a limit to the amount of gold that can be readily mined. Its the old economic forces of supply and demand. DYOR
 
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