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Alias Born 02/15/2012

Re: trader_ron post# 71

Friday, 06/09/2017 11:36:58 AM

Friday, June 09, 2017 11:36:58 AM

Post# of 244
Personally, I agree with you but the problem is that unless gold starts moving forward there is little incentive to put money into exploration or develop new mines. There are a lot of good projects out there that can't get funding at these prices. I know of companies sitting on gold reserves that are valued at ~$2.00/ounce in the ground. You think somebody would gobble those companies up.