This has been a policy bandied about by Labour for many, many...

This has been a policy bandied about by Labour for many, many years. Practical reality is that NTL has a 25 year mining permit which, if Parliament wishes to affect, there is a raft of legal remedies and international treaties to which NZ is a signatory which would result in a rather large payday for NTL, OGC, NCM and all the other gold players in the area. I reckon the posturing/vote angling and practical reality of how an increased Schedule 4 area looks are two very different things.

The Commies could only get 4500 votes on their signature - and even most of them are probably fraudulent/computer bots.

Meanwhile, NZD Gold at NZ$1772 compared to NZ$1660 a month ago. Short term improvement vs far away chance of risk that has been present the whole time... Not too worried man.