As previously mentioned, market has completely missed this.
Drilling for epithermal gold deposits - a la Pajingo - aimed for the second half of CY2023 - now stated.
$3.8 million already spent.
Gold up again last night.
Gold is all about the US economy here with property pain now setting in - both commercial and residential.
Chamath and David Saks state the obvious on their podcast - 80 per cent of voters are connected to residential real estate. 8% mortgages have now kicked in there. Hard to win an election when you are killing residential property with rising rates.
Above is not financial advice and my opinion only,
As previously mentioned, market has completely missed...
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