gold, page-97086

You continue to have a way with words PF!
The term 'decapitated', truly sums up the blunt nature of the feds use of tools.... no price discovery, means that inherently, the markets are basically walking blind, until the bump into something.

On a somewhat lighter note (I think I am going for a sort of macabre post), I found this in a company presentation from 9 years ago...

Lets just say.... it's littered with carcasses.
The sector is a brutal one, though, I do wonder what the survival rate is for other sectors....



Hardly an exhaustive list either. I note that only GCY became a producer out of all of them (other than those that were already in production).
The rest of the explorers/developers have just withered on the vine....