Gold blasted through $2,000 US (a level experts were expeting resistance at) like the number was completely meaningless.   We are not even close to seeing gold level off.  I predict $2,300 US by end of Sept.  That's $3100 Cdn / OZ. Over twice the price used in the FS ($1,498 Cdn iirc) and also a level at which Schaft Creek's gold revenues exceed copper revenues.

https://www.reuters.com/article/us-gold-price-technicals-graphic/golds-mega-rally-faces-2000-hurdle-but-for-how-long-idUSKCN2501NF

If resistance is broken (referencing $2,000 earier in the article), Fibonacci extensions offer short-term targets. These are based on the idea that a rally will extend in predictable proportions extrapolated from a previous rally. One is at $2,067, said Pelc, another comes in at $2,286.
That could only be the beginning of a multi-year move. Lucas ratios — a tool using a sequence of numbers similar to Fibonacci’s — suggest gold could rise to $3,598.80 an ounce in 4-5 years, said Pelc.