Amazing how quickly the market depth has reversed from last week. Biggest problem now is to fathom what will get things moving again. The DFS would normally be/should be a prime mover as it signals the highest probability that production will eventuate.... but in this climate, hmmm.
Perhaps "blacking out" Greece from all atlases might be a starting point.
I dont know the exact figures, but the number of junior gold hopefuls that actually make it to production is a tiny percentage of those who set out to do so.
I've run out of ideas/thoughts, other than to not forget the ounces in ground and the relatively low extraction costs will automatically bring home the bacon at some time in the future.
Worrying times.
PVM Price at posting:
84.0¢ Sentiment: Hold Disclosure: Held
