RE:RE:RE:The Basis For Scoping Updated FS NPV To add to this discussion:
Volume and share prices of juniors started to slump once interest rates began rising. Follow the charts back to 2021.
Just when they were starting to get traction we have an election result that promises higher deficits (as taxes are lowered) inflation (as tariffs are placed) a higher USD (due to a closing of America). All this is putting bond yields under pressure again, just look at them, which makes the FEDS job of lowering rates (which would support speculative gold stocks) that much harder.
It feels like we're back to square one again. Which is, only producers will be supported as sellers once again sell speculative explorers on fear of rising interest rates.
This all plays into the hands of majors looking for cheap acquisitions to boost their reserves.
Talk about swings and roundabouts.
MAE needs to begin producing asap.