Hairdresser explanation7 Feb 2020 10:45
My other half is having her hair done today, here at home. Unable to contain my excitement, I burst in on a conversation about hair styles or something and said how happy I was with my investment here, which was overdue after a couple of yearsof less successful investment in oil shares.
" Why is this one different?" she asked.
"Well" I said, "Unlike oil and gas where you can complete an exploration drill that looks promising, only to find out later that there is water contamination within it or the surrounding rock and it is too unstable to extract the oil, gold just sits there and once discovered, is just waiting to be mined out. Your challenge is to have the machinery to do it, crush all the rock down and then smelt all the gold particles together into big fat gold bars."
"Oh, that sounds good", she said and continued dealing with her own highlights of the day.
I returned to my computer screen with a big smile on my face.