General Day to Day Banter, page-478

Thanks for the read.

The biggest factor IMO outside of the company fundamentals is the allocation of Gold in assets portfolios is just 0.5% in North America. The long-term mean is 1.5%.

I hesitate to suggest that if gold prices push higher over the coming 3-5 years, that allocation would likely rise above the 1.5% average. So you could estimate that you can add 300-600% value to your existing gold plays at present, assuming they have reasonable fundamentals. And good explorers will benefit at the end of that cycle and likely see more significant returns.

One of the reasons why It's good to be patient at the moment. IMO