CEO Iwanaka: "This is the largest modern drill program undertaken at the Prince Project since historical drilling in 2012 and thus far we are very encouraged by the geological indicators"
Perhaps one of the single biggest takeaways from the stunning gold and silver rally that we’ve experienced this year is that this has all occurred before there’s been any sort of crisis.
Silver, like gold, took it a bit under the chin this past week, given all the talk that the Fed won’t cut, then that the Fed will cut. Silver fell 1.4% but remains up 70.7% on the year.
The key difference is that, especially with the silver price rising, solar manufacturers have placed an even greater emphasis on thrifting, aka using less silver in each panel.
Throughout the episode, Maharrey returns to a simple conclusion. When money is untethered from anything tangible, depreciation is as certain as death and taxes.
CEO McDonald: "The two holes are 95 meters apart and associated with nearby magnetic highs, which may indicate the intrusive source of the gold. More drilling will be done to assess..."