BFB; Biden, G-7 Will Ban Russian Gold Imports Tyler Durden's Photo BY TYLER DURDEN SUNDAY, JUN 26, 2022 - 01:56 PM
the biggest buyers of gold in recent years have not been G7 countries (United States, France, Canada, Germany, Japan, the United Kingdom and Italy), many of whom naively sold much if not all their gold in the recent past and have refused or simply don't have the funds to restock; instead purchases have all been by developing nation central banks (like India and Turkey, and of course China which however has a habit of only revealing its true gold inventory every decade or so) who have been quietly preparing to do what Russia is doing by dedollarizing and instead allocating capital into a counterparty-free asset.
Frank Giustra & Ian Telfer - The Bull Case for Gold 672 views Jul 20, 2022 Subscribe to The Meb Faber Show
Creates a company with larger scale and significant free cash flow to unlock shareholder value Substantial combined gold reserve of 3.8 Moz and resource base of 18.3 Moz Measured & Indicated and 7.7 Moz Inferred 1 Strengthened mine-building, operating and financial capacity Streamlined corporate structure with direct realizable synergies No premium, all-share business combination TORONTO and VANCOUVER, Canada, July 25, 2022 (GLOBE NEWSWIRE) -- GCM Mining Corp. (GCM) (TSX: GCM; OTCQX: TPRFF) and Aris Gold Corporation (Aris Gold) (TSX: ARIS; OTCQX: ALLXF) announce they have entered into a definitive agreement (the Arrangement Agreement) under which GCM will acquire all the outstanding Aris Gold shares not already held by GCM (the Transaction). The resulting entity will be named Aris Gold Corporation and will be led by Ian Telfer as Chair and Neil Woodyer as CEO and Director.
Ian Telfer, Aris Gold Chair, stated: "The combined group creates a top-in-class company with multiple tier one assets. After Aris Gold became operator of the Soto Norte joint venture, joining forces with GCM became a logical next step. Our increased scale will also broaden our future opportunities to continue building a +1 million ounce producer over the next few years."
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Pro forma consolidated mineral reserves and resources
Table 1: Proven and probable mineral reserve estimates
God Bless. Ps. CDD; SHOCKING: UK Government admits COVID Vaccinated Children are 4423% more likely to die of any cause & 13,633% more likely to die of COVID-19 than Unvaccinated Children BY THE EXPOSÉ ON JULY 27, 2022 • ( 6 COMMENTS )
Happy Thanksgiving To All; GOD'S MONEY The gold (and silver) charts look awesome. Gold Repatriation Signals Monetary Reset Is Near | David Kranzler Liberty and Finance Published November 22, 2022 308 Views
That’s largely because of the US government’s latest failed war (Ukraine), botched brown to green energy transition, and the rise of the gold-oriented citizens of the East.
Happy Thanksgiving To All; GOD'S MONEY The gold (and silver) charts look awesome. Gold Repatriation Signals Monetary Reset Is Near | David Kranzler Liberty and Finance Published November 22, 2022 308 Views
That’s largely because of the US government’s latest failed war (Ukraine), botched brown to green energy transition, and the rise of the gold-oriented citizens of the East.
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