You don’t have to be a gold bug to believe that its money because the central banks say its money, and they are the ultimate insider traders. The fact that central banks no longer sell gold but are massive net buyers. And I’m talking smart money, the Chinese, Singapore, not to mention other countries that fear being part of the U.S. dollar system only, and they’ve seen that, that has its own hazards. The era when people could go all over the world and think that they’re going to mine gold and not have it gone up to their head to change those agreements. They’re over I make my bones in Bolivia. I made my bones in Zimbabwe, South Africa, I sold Kibali, Mark Krista. I know what it’s like operating in these areas, and I admire those who still do it.
But there’s no way that one can go to sleep at night, feeling comfortable when you wake up in the morning, you’re going to own the same thing that you owned the night before. Hold this money, gold will be nationalized and jurisdiction is everything. So that brings us back to Donlin. Let’s understand what Donlin is. Let’s understand why it’s the best buy in the build let’s understand why when people really catch on to the fact that gold has embarked on another long way. They’re going to be asking their brokers Hey, can you give me a company which has an excellent management team and a fantastic asset, and it’s located in a part of the world where I would be willing to take a vacation. There aren’t that many places left. There’s Nevada. Here’s Alaska.
He’s in Australia. There are a few other places, you might want to go to Finland. But the reality is that the rule of law is going to be secreted. Institutional investors are going to gravitate towards those very few go-to stocks which are in places where the rule of law is not a novelty and where they don’t literally or figuratively. By that standard, in addition to the fact that in terms of this size, the grade, the mine life, the exploration potential, the low operating costs, which come from higher grade. The safety of Alaska is determinative. If you believe and you’re a bull in gold, you want to be in safe places. If you want octane in your portfolio, you want to have a development stage story we believe we are the go-to stock in that space.
We believe that we are on the cusp of being able to go to the next level. We’ve got a project which has got all the right attributes. We’ve positioned it as a pure play on a district that is a gift that keeps on giving. Those exploration results were amongst the very best in the entire gold industry. I don’t believe that there’s any major mining company in the world that wouldn’t want to own that. And in fact, I’m pretty sure that in the gold space, everyone understands that it is the best in breed project. We will be advancing this up the value chain, but there’s something that you also have to remember. The real money is made in this space, and I’ve now been doing it for 30 years by the quality of the asset that you own. We will one day be in production.
