OTCPK:KRCLF - Post by User
Comment by
MaterialsManon Jun 10, 2024 7:50am
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Post# 36080480
RE:Gold is getting harder to find..
RE:Gold is getting harder to find.. IMO, it looks as if the World Gold Council, if what this article says is true, doesn't keep up with junior exploration companies success at finding gold.
I can easily name several juniors that are sitting on about 20 million oz's each. Plus, get this; most have market caps under 500 million.
When it comes to permitting and financing, that's a different story.
Remember, the major producers got burned when gold had its last big run. In many cases they paid too much and are still experiencing the consequences.
It's anybody's guess as to how it will all play out.
If gold doesn't regain the respect it deserves from the investment community, all bets are off.