No. We believe it will be much larger.
The gold to monetary base ratio is at an all-time low.
The last time the S&P 500, Dow Jones Industrial Average (DJIA), and NASDAQ closed simultaneously at record highs, each index tumbled for the next 2.5 years: -40.33%, 25.04%, and -75.04%, respectively.
James Sykes disregarded management directive and kept the drill going. He had already waited a year to finally drill ‘Area C’, and had just cleared the overburden before the call came down to pack up and head back south.
IDM Mining, led by Robert McLeod, is the little engine that could.
Canarc Resource Corp (TSX:CCM) - site trip - mucho potential at El Compas
It may sound counterintuitive, but now is the time to buy companies where gold will remain in the ground for the foreseeable future.