"In the first place, in 1950, I had a 'cosmic dream' in which I saw this image in colour and which in my dream represented the 'nucleus of the atom.' This nucleus later took on a metaphysical sense; I considered it 'the very unity of the universe,' the Christ!"
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UPDATE: Mickeyman's take on the excellent bullish news for gold is here. He's not so enamoured and sees a better take, but then again Time Lords always make good traders.
Oh, that well?
That's the Globex uranium contract chart. From here
...of three things:
1) Reader RK noticed a silly mistake of mine; I wrote "...it turns out to be a 10k to 12 k per month gold producer." instead of "...it turns out to be a 10k to 12 k per quarter gold producer.", which dilutes the whole message of the post.
2) I'm feeling really anal this morning.
3) I like the post, so RK gives me an excuse to run it again.
So here it is again, all fixed.
UPDATE: @jameskwantes contributes with this:
Re: Silvercrest, Sandstorm gets 20% of life of mine gold production at Santa Elena for $350/oz. Changes equation Au vs AgThis is true. I was kind of keeping it all to the production rather than revenue side, but it's a wholly valid point because in the end it's not about production but about money made. So he's right, of course. It's now up to you to decide whether SVLC having a stream that takes blue sky away from a chunk of its gross revs makes it more or less attractive.