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Thursday, 04/05/2018 5:59:03 PM

Thursday, April 05, 2018 5:59:03 PM

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“...Gold has a much higher probability of moving north as opposed to south,” Letwin said in an interview at a mining conference in Hong Kong on Thursday. “I’ve been around a long time; when you’re in an industry that’s not replacing what it produces, eventually, the price has to move up.”

The producer-funded World Gold Council has estimated that world supply may have peaked, while Frank Holmes, chief executive officer of U.S. Global Investors Inc., said this week that mine supply topped out in 2017 or will do so this year. Combined with understated inflation and strong demand from China and India, this could help boost prices to $1,500 an ounce by the end of the year from about $1,327 now, according to Holmes.

https://www.bloomberg.com/news/articles/2018-04-05/gold-price-seen-moving-north-as-world-fails-to-replace-output

When we get the positive Pre-feasibility $tudy $$$oon I hope? https://mobile.twitter.com/kerrmines?lang=en

http://www.cbj.ca/brochures/2018/Mar/Kerr-Mines/index.php
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