RE:Seems to me that demand for physical gold has nowhere to go
The popular reason given is that strathcona disagrees with snowdens bulk sampling and prefers its own sample tower technique and no doubt someone will tell me I'm wrong and that is the reason... The reason strath left is b/c snowden/pvg use a 430g/t cutoff grade for their high grade intercepts (when they hit 1700g/t then count it as 430 g/t), normally 30g/t is the cutoff but in VoK something like 75% (i forget the #) of the gold is found in the high grade areas - if you use 30g/t then you exclude 75% of the deposit. So strath analysing the resources with a 30g/t cutoff sees "no valid gold" but pvg/snowden use 430g/ton so they don't exclude the VAST majority of the deposit. Bulk sample results should prove 1 side right (likely snowden/pvg imo).