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Re: PolarKid post# 12767

Tuesday, 12/08/2015 2:11:37 PM

Tuesday, December 08, 2015 2:11:37 PM

Post# of 12911
I'll try and find out about that. I just talked to them, everything is going as planned. Hopefully we can get an update before end of month, I encouraged their doing that, silence is not helpful. Getting all the permitting is a real bear but is proceeding. I suppose the govt. controls in place prevent the destruction of our country's resources as happens in third world places with little control, so probably good to be thankful for that.

I am visiting the mine next week to get a view of things and I can report back at that time as to what I see. We'll all feel better once they start mining.

Trading volume is still flat and sporadic. I'd like to see this get into the mid-teens by the time they go live.

By the way, the weekly Commitment of Traders for gold showed last week the smallest net short position of 3K contracts for gold since Dec 20011, 14 years ago. That has to be good for gold prices.