Post by
Alicanto on Dec 23, 2024 9:33am
GGO Gold and the next few years
https://www.mining.com/video-gold-mining-faces-a-cliff-after-2025-cru-analyst-predicts/
I doubt we will get any more news before year end but here is an interesting article on gold production to pass the time. GGO will be moving the project along over the next few years just when gold production is in decline and prices forcast to go higher. About a year ago I saw an article on Kitco with a CEO from a gold producer talking about acquiring companies at earlier stages due to lack of resources. The property has only been drilled about 10% and drilling in the past seems to always hit gold and even discover new zones. The previous model of 20 to 30 million ounces was based off the Hollinger/McIntyre mines I believe. Maybe after years of drilling and mining we will find out but I doubt GGO will be there. Just hope we are bought out in a few years once we have a better picture which will get us all a better payday. I remember an interesting video from the discovery of the Hollinger and McIntyre discovery and will post if I can find it.
Time will tell all and GLTA