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Monday, September 02, 2019 9:20:55 PM
Peter Schiff: gold's gonna go ballistic!
“Everybody is weakening their currency to create more inflation,” Schiff, a longtime gold bug, said. “Well, what’s going to happen? The world is going to drown in an ocean of inflation and gold is going ballistic."
What is happening with ACRL?
- Macassa fault coming into ACRL property is the driving force of our investments with ACRL, a great probability to succeed.
- ACRL-fault from KL, Macassa mine crossing into the ACRL territory.
- High grade, potentially as high as Macassa which is insane 29 g/t.
- Existing mine at Macassa-it is already operating, no need to build one.
- ACRL has about 40% (10,000 acres) of land package compared to Macassa mine that is owned by Kirkland Lake Gold Corp (current share price 50 dollars per share) and if grades are confirmed ACRL would be hauling in around 100,000 OZ of gold per year. At today's price levels ACRL would bring in NET profits of 100,000,000 USD. For a 10 year mine lifetime this would become 1 billion US Dollars company in profit alone! Now imagine if gold price soars to 5,000 USD per OZ? ACRL will be a multi-billion dollars company. Wow...
This is simply enough for heading to NASDAQ with 4 dollars plus PPS!
That is how people get wealthy!! Cheers!
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