RE:Gold Futures tickling $1900 USD..Silver $28 USD.....NICE!Crypto Currency lost 1 trillion in value in the last week. By all accounts a lot of crypto money was transferred to the gold market.
Gold appears to be ready to challenge 2000$ again. If and when this happens hopefully we’ll have the phase 4 and 5 drilling results.
As it stands current au equivalent at Balabag is 210000 ounces. With gold at 1880$ An ounce this comes out to be 394,800,000$
Another thing is how many tonnes per day is being processed. If recall TVI was processing 2000 TPD at Canatuan.
looking forward to the next news cycle
regards
Bloojay