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Bullboard - Stock Discussion Forum Genesis Metals Corp GGISF

Metals & Mining Gold
Genesis Metals Corp is engaged in the acquisition and exploration of mineral property interests in Canada. The company is focused on the Chevrier Gold Project in the southwest of Chibougamau, Quebec. The Chevrier Gold Property covers 15 kilometers of the Fancamp Deformation zone - an emerging mineralized belt undergoing intensive exploration by multiple companies including several industry... see more

OTCQB:GGISF - Post Discussion

Genesis Metals Corp > Gold & Silver Prices and the S&P/TSX Venture
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Post by Lock12345 on Feb 24, 2021 11:54am

Gold & Silver Prices and the S&P/TSX Venture

At some point in mid 2019 I met with a few mining execs in Vancouver and discussed the junior mining market.  They all sang the same tune when gold was around $1500 USD, silver near $15 USD and the Venture Composite Index was just above 600.  They said, "What we need is Gold to hit $1800 USD, Silver to be over $20 USD and the composite to be around 1000.  Then the buyers will come in droves and the junior market will take off."

I hate to say that we have had those conditions for a while and still crickets in the junior mining space.  I have come to the conclusion that these so-called junior mining execs and experts know less than f#ck-all about the junior mining market.

What do you call a guy standing by a dirt hole in the middle of nowhere spewing lies...???  A junior mining CEO!!!

GLTA

Lock12345
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