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Gold, Metals, Mining
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Jeff Christian CPM Group On Gold Mine ReservesJeff Christian definitely seemed like a bankster tool (former Goldman Sachs guy) up until 2011 but his analysis has been as good as anybody's since the 2013 collapse. This chart (see red bars) shows that the mining companies still have plenty of reserves (15 years) and are not desperate to buy any trash explore company's moose pasture. Most mining companies try to keep at least 10 years of reserves and only get serious about increasing it when it falls under 10 years. MontyHigh |
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