That was a great article too, thanks for that celiajillw! I definitely have renewed optimism and a greater sense of perseverence to hold on and add to my holdings.

In short, we appear to have reached the era of Peak Gold. Whereas a major discovery used to be 10 million ounces or more, the threshold for attention-getting discoveries these days has fallen to more along the lines of 1 to 3 million ounces… and even those are hardly falling off the trees.

Well, with David confident in Shoreham's ability to prove up at least 2M oz in 2 years, I think we have this talking point covered.

Of course, lowering the threshold on deposit size will require trade-offs. For example, in order to be considered for an acquisition, a smaller deposit will almost certainly have to be near surface and open-pittable. It will also have to be near good infrastructure, and located in a jurisdiction with good laws and reasonable taxation. There is, in this situation, an opportunity and a risk.

I believe the Marudi deposit starts at surface and then decends to a point that wouldn't be considered at surface, but I'm not sure about that. What I am sure about in that Guyana is a relatively stable mining environment with good mining laws. Mr. Bending is on the record saying the taxation systems is a little high but everything else is in place.

great article thatnsk for that.