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GREY:OLEPF - Post by User

Comment by tony1969on Jul 12, 2012 5:31pm
246 Views
Post# 20108637

RE: RE: RE: More Jim Sinclair....

RE: RE: RE: More Jim Sinclair....

Hey Top, they can only ignore "gold in the ground" for so long.  Major and junior producers are going to have to replenish the ounces they mine sooner or later..  If and when producers start running low on ounces the lack of supply alone will drive gold prices higher. Exploration companies are in a terrible environment but mergers and acquisitions will continue as they always have in the past.  It is easier for producers to buy ounces than it is to go through years of exploration to find them. 

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