out of curiosity. How do these little explorers compete with the big players. I read in one of the majors they spent $250m on exploration over 12 months. That’s a hell of a lot more drilling than these little hole punchers. I’ve never been big on gold but in recent times I’ve been learning about the rareness of the little yellow rock and it seems the worlds supply could be depleted within 20 years. I sort of think something so finite yet so valuable could be worth significantly more than something like a Bitcoin. The world’s population continues to surge, the need for gold will rapidly increase, thus there are 4 other alternatives. 1) make it 2) explore another planet 3) recycle it or 4) wait 100,000 years for it to naturally form. id live to see the spot prices of gold once we are down to the last few tonnes. $50k? $100k?
SFM Price at posting:
10.5¢ Sentiment: Hold Disclosure: Held
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