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"... In a recent report, Goldman Sachs said

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goldenpolarbear   Sunday, 06/28/20 12:01:32 PM
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"... In a recent report, Goldman Sachs said it expects gold prices to follow a similar path to that in the aftermath of the financial crisis of 2008-09 -- jumping initially as rates fall, directionless for about six months after, then rising with higher inflation and remaining high for several years before falling. https://www.goldmansachs.com/

It also predicts gold prices will reach US$2,000 per ounce by this time next year as demand rises with the lifting of pandemic lockdowns and a weaker American dollar.

Higher gold prices are good news for miners but they won't necessarily lead immediately to more projects in Canada, said Kevin Chan, national mining leader for PwC Canada. https://www.pwc.com/ca/en.html

"Companies are still using a relatively conservative gold price assumption," he said. "A lot of them are still planning and looking at their future development projects using lower gold prices, somewhere between $1,200 and $1,300."

He said gold miners have learned from the last boom to avoid taking on big debt and risks to build production...."


https://www.ctvnews.ca/business/record-gold-price-forecasts-boost-prospects-for-junior-mining-companies-1.5003317

https://www.juniorminingnetwork.com/newswire/79396-sprott-weekly-wrap-up-thinking-about-buying-gold-stop-thinking-and-get-in-the-game.html


& yet KERR MINES shareholders have now been left in the dark for months with NO viable UPDATES or Press Releases? Why? Extremely CONCERNING & Frustrating! https://kerrmines.com/


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