Metals strong With the new government coming in, GGD's permit will hopefully be granted in the near future.
Gold is $2678/ oz and silver is $32! Yet some people are still selling the share price down. Personally I am holding out for the much bigger price as LRS gets going and LRN is on the table. With the talking heads saying gold and silver should push higher in light of demand, combined with lower interest rates and the absorption of inflation into everyday prices.
GGD has been using much lower metal prices in their calculations so the potential is much greater than what has been presented. However, mining in general has been falling behind with reality. The demand for metals is increasing rapidly, yet miners have been unable to get support from the investment community. Seems like a perfect storm brewing. GLTA as we approach the next phase!