The gold is probably there but in thin veins contained in very hard rock (granite) and the overall cost of development and extraction etc probably far outweighs returns from the gold. The price of old now would make it even more uneconomical to extract. They have been extraordinary salesmen and we have been very gullible holders / buyers IMHO, even this current deal could be terminated at will the way I read it. As has been the case for at least a decade lots of promises and plans without results.
DYOR My thoughts and ramblings only.
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