Going on the combined (estimated) resources of the Pearse South and North deposits of 55,000 oz of contained Au and 774,000 oz of contained Ag, which will reduce by the amount of ore mined and what ever the final extraction % is ................... thus resulting in what will be a tidy sum (on current pricing) for the year ended June 2025.
But there are two potential Left Field events. One is a Central and South American Silver producers equivalent to OPEC and the other is the US Federal Reserve's Gold Certificates (****note they don't say holdings) that are to be revalued to finance a FED Bitcoin Reserve (a purchase of circa 200,000 bitcoin per year for 5 years equalling 1,000,000 bitcoin).
It matters not that the FED has, or hasn't any Gold ................. what matters is that there is an excuse being used to Revalue Central Bank Gold Holdings (for the dubious purchase of Cryptos valued in Fiat) and the Revaluation of Gold is the path by which the Insolvent Central Banks of the World will become Solvent again.
Central Banks really do have a Fairy Godmother................... even is she has to buy 1,000,000 Bitcoin over the next half decade to make them happy.
I wonder if the Central Banks have been or are channeling Bernie and Charlie from the grave?
"Never mind the quality ..................... just feel that width"
All the best to KingstonRes holders
KSN Price at posting:
7.5¢ Sentiment: None Disclosure: Held
