Ann: Maiden mineral resource estimate at Side Well, page-36

This current inflationary phase and resultant tightening cycle is a consequence of recent global money printing following the 2020 covid outbreak.

As far as gold goes there are always opposing views. This is an extract from Gareth Soloway published on ***** news today:

Gold is set to outperform stocks and cryptocurrencies in 2023 as the Federal Reserve eases on its tightening cycle, according to Gareth Soloway, President of Verified Investing Education and InTheMoneyStocks.com. Soloway has over 20 years of experience as a professional trader, and correctly called the Bitcoin bottom for 2022.

“I still think gold will be the best performer [in 2023],” he told David Lin, Anchor and Producer at ***** News. “You can’t get away from the fact that the Fed is now keeping interest rates where they are. They’re probably going to tighten a little bit more, but the bottom line is they’re not going to be looking to cut until we see a massively nasty recession.”

However, his prognosis for Bitcoin was not as positive, which he forecast could reach as low as $9,000. Soloway said, “you don’t have money being printed… I would daresay that without the Fed’s printing of money, Bitcoin is headed towards twelve to thirteen thousand [dollars], and maybe as low as $9,000.”

Although Bitcoin is up 42 percent since the start of January, Soloway cautioned that “it’s a nice bounce, but you’re still in an overall downtrend,” highlighting the fact that Bitcoin is still down 65 percent from its all-time high of $68,789.63 in November of 2021, and has continued to trend downwards since then.