Yes GZ sentiment is not good at the moment for sure but is that going to have any effect on the ultimate outcome for Tectonic. Even with the worst economic scenario and project funding cannot be secured in the short term it will happen.
I think if ultimately your fears are realised and we see a double dip we will see gold move up significantly and it will actually be positive for Tectonic's chances of project funding. I am no Economist but would not the risk of hyperinflation be even more likely as the US Fed and US Reserve Bank have played most of their Aces during the initial crisis. If during the December quarter we see gold going to new highs I expect Steve and the Board will have no difficulties doing a deal.
Yes GZ sentiment is not good at the moment for sure but is that...
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