With the current increased speed of downturn in the markets I would rather see Noront keeping GOLD after the spin-off and sell their non-PM properties for a good price to a Major.

Because imho, in the not to distant future we will see a very different price development of PM compared to industry metals, just look at all the nickel, copper, zinc charts and where they will go if world economy freezes.

On the other hand, PM prices have been manipulated beyond belief and there is only little power left from the manipulators.

Or how do you explain that it is difficult to buy physical gold/silver, yet the paper prices are going down. This will stop at some point and then beware.

At that point I would like to be invested in a gold or silver mining company and own lots of bullion.

So, Richard, locate the gold, dig it out and wait for things to turn out.

Having said that, we might find more gold in the RoF !

FANTOMAS

(who needs two more days to free funds to buy again)