RE:RE:RE:wake-upcall happened....All management has to do is add ounces if they feel the need to, although we are already well past elephant territory above 10mm ounces. Otherwise, just preserve their optionality. Doing nothing is much better than doing something stupid and blowing through their treasury.
SBB just went down, WRN will be out within the next two years. Who is left at that point who has elephant-sized deposits in a safe jurisdiction? We'll be the last man standing whilst the world clamors for gold.
Paulson/Sprott/Electrum are the smart money, they WILL NOT allow Livengood to be sold for a pittance ala what happened with Sabina. That is what gives me comfort and why I continue to accumulate. Remember, with THM you are buying an asset at a 95% discount from all-time highs!!