Put this another way. Barrick Gold just paid $20 Million Australian for 72% of the revenue generated from an actual PNG mine in operation.
The really big gold companies, with legit claims, with legit licenses in PNG, never ever sell claims in the billions. Ever. They raise billions thru bond sales and Australian stock exchange listings and mine the suckers.
Look at a real mining company in PNG. One with a history and a license.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.