Member Info for MrBond46

In just one week.
Will be interesting,very interesting.
Fingers crossed the market appruves.

Somnanma.
When ever the waste contract is finished.
If memory serves me right ,end of this year or start of next.

The intention is ,when the finish of waste removal-
Is to open a horizontal tunnel to the area being mind underground. In the direction of Sukari Hill.
Then hopefully whilst doing this they are able to intercept "Bonanza Grades", as Martin Horgan said was possible. But wasnt certain.
The area has had extensive driiling going back many many years.
View the core samples on Cey website.Or at least they were.
The lower workings would then have an easier way to remove their ore for procesing much more rapidly and efficiently. At least in that area.
They know exactly where the good to excellent grades are in the hill, its just about accessing much more rapidly and very cost efficient.

China ;central bank puts world on notice as it buys more gold;anylists at PDAC expect this is only the start of a new trend.
Neils Christienson. Kitco.
Another good read .

07-03.23.
The FED is in its eighth innings,and that will drive gold higher MKS Nicky Shields. Kitco News.
Hears hoping ,cheers.

Whatever happens the East especially will continue increseasing their Gdecline in the Petro Dollar and resrve currency Gold Reseves until the inevitable decine eventually ,in the reserve currency status.

If Gold drops down to 1800$ then the Central Banks will pile in again.
Then after the air has cleared it will rise again.

Yes seems the traders are terrified of being caught out.
Especially noticable this week.
Ey dad theres trouble down at Mill.

Of course just an estimate As really still in early days.

Steve I read somewhere ,probably in a report the Solar was going to save in Diesel costs ,dont remember exactly but it was well in excess of 10 million.

Yes very encouraging as with the direction of Gold Prices.
I will say no more,dont want to put the mockers on it,.
1846 Dollars at the moment.

Thanks RazorsEdge.
Just back online after 3 days of nothing, thanks to a storm ,causing major problems here.
It felt like total isolation.

Taking into account the solar savings on fuel cost ,and in house mining, with supervision from in house management, it will be interesting times.
A production increase would indeed serve two purposes ,
Investor interest and sentiment for traders .
Then unexpected rise in AU prices.
That will come ,maybe not immediatley, and the bottom may not be here yet- but in the words made famous by the FED , it is transitory. ;-)

QE ie printing currency, with nothing to back it is inflationary.
With a huge national debt , the reason the FED has their permanent headache,

Latest .Fed needs a recession to win inflation fight, study shows.
Backs against a wall, much higher job losses or try to beat inflation.
Not many choices , Gold should benefit.

Wall St slides as inflation data fuels FED worries.
You can fool most people most of the time ,but not all the people ,all the time.

Whatever spare cash you have in a Bank earns no interest, that will continue .
So buy a valued commodity that for thousands of years has beaten any inflation.

Do you hold ant physical Gold currency ,of legal Tender in your country, as a safe guard against inflation. It cannot be confiscated as in the 30s , gold bars can -
Tell half fthe world it is completely useless .The East.
Most Banks even in the West ,they are buying whatever they can .

Those figures were from Q4 ,pre christmas.
With possible amendments to be made.
According to Kitco.
Amendments are a very useful tool for massaging the outlook .

Gold down today, in the fickle market of traders and speculators ,that could be enough.
I bought physical coins today ,the lowest price its been for a week.
The dollar higher and less buyers, Kitco Gold Index.