Just remember that making money out of gold is about more than how much they have it’s also about haw fast they can recover it. Mines have high fixed costs like power wages pumping and so on and it has to be paid if you recover one once or a thousand once so they have to be able to recover enough once’s to exceed their out going costs in any given time frame to be profitable. There have been a number of high grade mines that have failed that at different points in time.
WRM Price at posting:
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