Transcript

What I find most surprising about the gold price is that it isn't higher already. Uh, there are all sorts of reasons for it and I believe it's going, going, significantly higher. The targets I set in the last number of years have been met and it's still going strong. There's a lot of people coming to this space. And I find it' really interesting that people that I've known for a long time, they haven't invested in gold and they're saying, "Hey Rob, what's happening to gold? Could you tell me, something about this?" It's still a very underinvested space and you're gonna have a lot more people coming in and maybe we'll see some of the cryptos. As they try to get stable coins going, they'll be putting gold into their, uh, cryptos. Well, since about '06, gold has outperformed the Dow Jones by about 70%. Uh, so you could have just bought at' gold? and done better than the Dow. Um, the GDX and the GDXJ, both ETFs, um, they're lagging behind gold by a considerable margin. And in fact if you go back to, uh, 2010, the GDX is? still in negative territory. Um, and, uh, gold is up there and to get where the... The GDX may have doubled but it's got to go 5X to catch up to gold right now. And, and so what I've seen in the past is the seniors might go up, add a couple of zeros to their, performance. Yeah. Um, the juniors, uh, they'll do three or four zeros. I mean, that's the really hot spot, and at this convention, there's all sorts of junior stories. And, um, it's fun when we get into a bull, bull market. McEwan Mining, um, what's happening there? Yeah. Um, in the past 36 months, we're up over 300%. Mm-hmm. Um, outperforming copper by about 11X, uh, gold and silver by two, 3X, the DOW by the same. Um, we've got a lot of things happening. Um, our first big impetus in that move was our large copper project. Yeah. Los Azules. It's the, uh, ninth largest undeveloped copper deposit in the world. We'll have a feasibility study out shortly, the end of October. And we're looking at a mine, when built, would be, uh, one of the 25 largest copper mines in the world, anticipating we'll produce about 400 million pounds of copper cathode a year with a 55-year life, and a 60, 65% gross margin. Mm-hmm. And that's on a large property package of about 32,000 hectares. We've only s- explored a small portion and we have seven targets we identified that are intrusives. So that's exciting and we're looking to doing IPO, um, early next year. We haven't done it... We keep saying we're gonna do an IPO, but people keep giving us money. So we've raised 450 million to put into the, the copper project.