That is the best and clearest quarterly activity report that I have been waiting for.
Why I say it is the best and the clearest? Look at the figures, the ounces of gold that have been contracted at specific price. The pilot plant consignment and the imminent construction timeline. Plus the drilling on going.
We will hit ATH again very soon.
And gold price is waiting to gallop as soon as the timeline for interest rate cuts are spelt out by the Fed. Interest rate cut maybe delayed by a couple of months but 100% surely it will come and everyone knows what will happen to gold prices. We could see gold price above USD $2200 by the end of this year.
Gold price contracted to Quantum at USD $1900 is already more than what I expect after a 10% discount, indicating the 2 parties took spot price of gold at AVERAGE of USD $2111/oz sale price. FANTASTIC.
ABSOLUTELY FANTASTIC.
BEZ Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held
