GREY:SLTA - Post Discussion
Post by
MonoatomicGold on Jul 25, 2013 5:37pm
If There Was Ever A Time In History ....
To look at solid gold/Silver discoveries it's... NOW!!! Looking back on the history of gold its apparent it's a rich mans game. Only Kings & Queens could backed this game for centuries...
Now the "common man/woman" can play the kings game in the stock market! BUT! Picking the right discovery or mine is crucial in this volatile bull gold market. Funding today for mining projects is not like the 80's and early 90's. The projects are now heavily scrutinized by the funding prospector like no other time in mining history = The BreX/dot.com haphazard approach to venture-cap funding is gone.
The fact SLTA has 2 founding directors who are economic geologists should tell anyone El torno has been heavily scrutinized by the best in the world based on its mining economics potential. Hence the funding agreement with GL in 2010 at the companies weakest corporate time.
The gold market...
For the last few months , we have been reading/listening to every kind of story, opinion and rumor (CNN,BBN,etc) (most of them negative) about gold and gold mining stocks. But to date gold has rallied past the point where those who sold their gold and ready to reenter. They did not look at the hair trigger drop in April as a indicator the same can happen on the up-side of the gold price. So much for trading in and out in a bull market Lol...
The base-price that has been building in gold IMO is now complete. The days of $200 gold are long gone. Will we be saying the same about a $2,000 gold price? Global buying pressure on the physical metal suggests... YES!
The high-grade gold & silver miners are poised to become the darlings of the resource market.
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