Ann: Ulysses Gold Project Mining Update, page-3

The increase in the actual head grade of gold ore from the forecast grade mined at the Ulysses project will help offset the fall in the gold price since the Donald was unfortunately elected POTUS.

This is to be welcomed and while GMD won't be rolling in dough from early 2017 onwards, we'll certainly have enough moulah to be able to give finding something commercial somewhere a decent lash. Difficult to see any need to raise capital for at least a couple of years.

So the wait continues.

I can't let the opportunity go past to say that the fear and uncertainty felt in markets before the US election quickly dissipated after the outcome became known. The USD has surged as a result weighing heavily on precious metals, and indeed all commodities.

I feel sure this will be temporary and gold will return to its place in the sun.

The Donald and his cabinet cabal comprised mostly of the super rich will set about plundering America like there is no tomorrow. As if they own the joint, which they mostly do.

The Donald has conveniently ditched his confected image of a fringe dwelling outlier and let his true and ugly colors of being heartland Republican shine through.

It ain't going to be pretty and gold will thrive on the many irrational and anachronistic 'policies' or more aptly thought bubbles that surface that will weaken the USD. He and his posse of billionaire bandidos could very well end up wrecking the joint properly as their greed is limitless.

Under this scenario, gold will have and take the many chances to push higher. With an ounce of luck GMD might be able to use its current momentum to build something substantial, and go along for the ride.

I've looked for saving graces and while there aren't many, the potential to downgrade this juvenile conflict wth Russia must be seized and acted on. It's such a beat-up by the US.

Trump would also win many accolades by withdrawing asap from the Middle East, thereby stopping the genocides, other massacres and destruction of other nations under policies of US neocon retards that has been the hallmark of the failed Obama administration.