CEO Shearcroft: "Together with the upcoming geophysical program, this work is expected to identify high-quality drill targets to be tested later this year."
CEO Iwanaka: "Standout intercepts from holes PRC-37, PRC-31, and PRC-32 rank among the most compelling encountered to date, delivering impressive combinations of high-grade silver, gold.."
Keep in mind that gold went from $1,000 to $700 in 2008 as the markets were unraveling, before hitting $1,900 a few years later. And I think we’re in a similar situation now...
If you were expecting the gold and silver prices to rise following the outbreak and then escalation of the Iran war, obviously, that has not been the case over the past two weeks.
CEO Weber: "With two drills available to us, we now have the flexibility to simultaneously test our numerous exploration targets on the Haldane Project."
How long will this corrective period last? Typically, this period is weak for gold and silver with bottoms usually seen in June or even July. A February top is not unusual...
