Saturday, May 16, 2020 11:57:30 AM
I do wonder what is going on at West Kirkland. We have have an unexpected run up to $1,700 per oz, and nothing going on towards getting anything into production. Meanwhile, while corvus seems to be overvalued, at least they are in production.
Both can be a hedge against hyperinflation through their gold reserves but the problem with companies like West Kirkland is that they may burn through all their funds until that happens and/or need to get reorganized and wipe out existing shareholders that have been waiting a long time. Meanwhile Corvus is producing and will be around no matter how long it takes.
Louis J. Desy Jr.
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