Farmer,
But wouldn't the increase in the price of Gold give them more to think about and potentially explore?
What I mean by that is;
You would only drill/explore to a certain level when the gold price was $300-500 because of the cost to get it out of the ground. Now that the price of gold is $1700 you margin is substantially greater given you more opportunity to explore further.
I am no expert, but that is my take!!
Surly
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