Ryan Mee, CEO of Fulcrum Metals, reviews FY23 and progress on the Gold Tailings Hub in Canada. Watch the video here.
meoryou, stop giving the chancellor help by giving him tips.There is a big argument going on in Belfast at the moment.Rishi Sunak is Indian and Sinn Fein are the DUP are debating whether he comes from Dehli or Londondehli.
''How exactly did you last to the fine age you are now.' Haaa, ah canny tell you that,good work by the NHS . I was living in Johannesburg at the time and got a job with 'Shaftsinkers' They were damming the Zambezi (Cabora Bassa dam) and we had to divert the river through 2 diversion tunnels before they started the dam. then blast out the underground power station.It was a Portuguese colony then and Freelimo had vowed to stop it.As I said, a wild place and you had to drive through Rhodesia to get there.(Zimbabwe).I had just turned 21,
''I've just bought some more, switching a bit out of Barratt that has dropped far less. Fingers crossed...'' Wiscos. I have done the same.
I agree that they do not mention it again which is not good.The concentrate is sold in the same bulk as gold/silver mix. Maybe they should have said gold eq.. RM will clarify when comes on.
Prentice,I believe that all sells are quoted in ozs. gold equivalent,I may be wrong but that is how they quote the resources in the mine.
''Are we selling the silver or is it being stored as an asset? '' Why would would they keep anything as an asset? .The name of the game is to mine gold/silver and sell it at a profit.No more no less.
''1oz of gold is always 1oz of gold....''. But somewhere along the line it has to be turned into cash to be spent or there is no point in having it.Gold miners are always at the mercy of the price of gold.They have no way of influencing that.Over the past 10 years gold has risen 35% in sterling and dropped 5% in US dollars.Gold in itself has a poor intrinsic value.
Thank you TB, I am very well and going to Benidorm at the weekend for two weeks.As always,I hope you are right but I think if they struck oil in Cononish it would not change much.We shall see in the spring which is only 2 prime ministers from now.