Yes I agree about BDC spooking the market. Around then I moved...

Yes I agree about BDC spooking the market. Around then I moved CAI to free-carry and have since reduced further. While CAIs construction costs are fixed, looking at the adverts they are running for operations staff did cause me to reflect on how easy such recruitment is going to be in the current world without major cost escalation. And as we know new mines and cost blowouts do not go well together. Which is not to badmouth CAI or its team, just a personal risk assessment....

One of the reasons for personally liking BRB is actually the fact that the work necessary to clarify what it has and what to do with it, will hopefully see it through the current difficulties. And if those difficulties endure internationally then perhaps the price of gold will move to reflect that...

But of course I am once again showing myself to be a fairly cautious, relatively patient tortoise which is not what so many ("harey" - get it "harey") investors regard as in any way admirable.