Gold supply collapsing Any explorer that finds a gold resource in the ground … or ‘even a sniff of gold’ in a prolific geographic signature in ‘elephant country’ … like the well documented and proven Carlin Trend, will be the object of attention by the ‘big boys’ who basically no longer explore … they just wait for the discoveries and buy them out. Let the bidding/anticipation start as soon as there are indications of potential huge gold/silver resources comparative to today’s barometers. Seems to me Barrick is just across the valley from NVX.
https://mailchi.mp/futuremoneytrends/your-biggest-asset-493429?e=06d31b0841
“The fundamentals for an incredible run for the yellow metal can’t be overstated due to the collapsing supply… Barrick Gold reported yesterday that it’s seeing huge production declines – a 17.5% decline in total.
Barrick’s Acacia project in Arica actually declined 45% year-over-year!
In Nevada, they saw 9.6 to 16.4% declines at their projects. Peru was even worse, with a decline of 25% year-over-year.
In Argentina, the Veladero mine saw a cliff dive of 51%!...Gold production has plateaued globally and is now in decline, yet demand continues to surge higher … The majors have no choice: they either start acquiring minable/permittable gold projects or they will simply become extinct.”