Yep that's right the gold they're talking about doesn't actually exist.
When are the thickos going to wake up and understand that last week's Novo announcement was a concerted shake out of the minor players by the big boys?
The Pilbara's stuffed with conglomerate with shedloads of gold in it - maybe several billion ounces - and to dig it out of the ground using crushers, screen & leach is just not viable.
Don't make me laugh.
55M vol on CLY so far today - train's moving.
CLY Price at posting:
0.6¢ Sentiment: Buy Disclosure: Held