jorc, page-9

Farmer,

But wouldn't the increase in the price of Gold give them more to think about and potentially explore?

What I mean by that is;
You would only drill/explore to a certain level when the gold price was $300-500 because of the cost to get it out of the ground. Now that the price of gold is $1700 you margin is substantially greater given you more opportunity to explore further.

I am no expert, but that is my take!!

Surly