How many more years of Yukon exploration?Can Yukon exploration survive one more year? In three years of exploration, there are only three projects with resources (White Gold/Underworld (K.TO), Prophecy (NKL.V), and Dublin Gulch (VIT.V)). GPD is a company with three 43-101 resource estimation reports ahead. We hope that the results are coming very positive. Expecting also resource estimation from ATAC and KAM at the end of the year. We hope getting from these 5 projects at least 10-15Moz of gold.. If not, I can not see any interest from a major company in this area in the near future.
There are more than 60 junior companies exploring in the Yukon territory, however most of them are speculating with soil sample ppb results, and raising million and million of dollars (What the heck is that!).. Good examples are PEX, CEM, TAK, AML, CBC, RYG, and so on.. Those stocks are in red, and will keep in red because the field exploration already finishes.
Last thought, GPD does not speculate with soil sample numbers.. they give us drill-hole intercepts and still drilling in some properties.