RE:RE:RE:RE:RE:CEO,CFO salaryfbedard:
I concur with your sentiment. I am most perplexed that many continue to sell, especially with the knowledge that contact with the high grade mineralization, at the Sleeping Giant mine, may be only, a few short months away.
But let them sell. It's their money.
Eventually, the company will find a way to hire, additional needed workers. That will considerably speed up the process! The lower levels at the SG mine need to be rapidly advanced.
The company remains focused on Elder because that mine is in a better position to advance its production, much more rapidly.
They have the available workforce to make it happen. And eventually the same will happen at the Sleeping Giant mine. There is a lot of high grade gold still to be discovered and later recovered.
An investment in Abcourt mines is a longer term proposition. For years, the Elder mine was the only option on the table. Today, everything is about to change! Don't look back at yesterday. Look ahead instead!
Buyers are now scooping up these cheap cheap shares! The sellers don't understand that they are making a huge mistake!
I am also most impressed with the new insight about the dramatic rise in the price of zinc. Inventories are falling faster than I had imagined. It's too bad that the price of silver isn't yet following that trend.
But that can change. The rise in silver, may also be, only a matter of time!
Is inflation, here to stay? It is, if short term interest rates, continue to remain, so very low.
Workers are heading back to work. They will have a lot more money to spend! With money too cheap, they will want to borrow, more than they can really afford!
The consequence of this scenario, is so very obvious!
Today, there are already many shortages that have driven up prices. Is this what the central bankers still term, a transitory phenomenon?
What will happen when the demand for goods and energy, really takes off?
I always imagined that the Barvue mine proposition would be driven forward mainly by the price of silver. Now, silver languishes while the price of zinc is the commodity that is doing the rising.
If base metals continue to follow this upward trend, won't a third mine, soon be in the works?
At Barvue, there is a lot more zinc, available to mine, than there is silver!
And if inflation does become a more permanent feature, silver as a precious metal, should also reflect that inflationary trend.
Barvue would soon become, the next Abcourt mine!
Governments now have a lot of longer term, debt obligations.They cannot afford to pay their debtors back, at the necessary, higher rates.
And central bankers have decided that their money printing, must now, come to an end! To do otherwise, only provides, further encouragement, for governments to continue to spend, too much more!
A much higher cost of living is about to come our way, sooner than we may think!
For those who may still believe in the value of gold, a good portion of your investment, may still be cheaply purchased!
Hold tight to your Abcourt shares!
Why sell them to someone, smarter than you?
All the best! Java