Fortuna Silver trims Yaramoko reserve estimate after evaluation, drill work
The Yaramoko project was acquired by Fortuna in July 2021 as part of its takeover of Roxgold.
“Once we get past this stalemate in Washington, precious metals are a slam dunk to sell,” Goldman Sach’s head of commodities research Jeffery Currie said at a conference today in London.
Currie claimed that “significant” economic recovery in the US and the tapering of QE will increase downward pressure on gold, taking the price to $1,050/oz by year’s end.
But for the moment, as the US government shutdown drags into its second week, gold is holding steady at around $1,320/oz.
Comments
SamLowrey
tapering……ROFLMAO!