Guest(s): Ranj Pillai Minister of Energy & Mines of the Yukon Government Gold’s trajectory over the long-term is several thousand dollars higher, with an average target price of $12,500, and it only makes sense when you look at the historical growth of the metal, this according to Pierre Lassonde, chairman of Franco-Nevada. “If I use the compounded annual growth rate over 50 years, that’s got to give you a pretty good idea of where the gold price is going to go, and if you use that number, you get $12,500 in 30 years’ time,” Lassonde told Kitco News on the sidelines of the Denver Gold Forum. Lassonde added that applying the annual average growth rate from 1970, the long-term projection would be $25,000. (show less)
Gran Colombia Gold has mordernized >100 illegal small gold mines operations to NOT use deadly mercury poison for gold recovery - in the upper Amazon river which had in the past poisoned millions of His people and all living from the Amazon water, fish of His South America nature garden -
Gran Colombia Gold Corp. - Formerly known as Tapestry Resource Corp. Mordern State of Art Gold and Silver Recovery Systems - are NOT using the deadly mercury - its Great for all involved with Gran Colombia Gold Corporation - thanks in advance to all:
Address Suite 1100, 333 Bay Street, Toronto, ON M5H 2R2 Canada Phone 416-360-4653 Fax 416-360-7783 Email Address investorrelations@grancolombiagold.com
NAICS Gold Ore Mining (212221) Silver Ore Mining (212222) Status U.S. dollar silver-linked notes and common shares listed on the Toronto Stock Exchange.
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