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Surge in prospecting on West Coast as gold prices soar

From nzherald.co.nz

The West Coast of the South Island has had a surge of interest from players large and small in gold prospecting. Spurred on by a relatively high gold price - up nearly 20 per cent on the start of last year and the popularity of Aussie TV shows showing everyday people making it rich, gold fever has taken hold. Dan Gerber doesn't mind admitting he's come down with a bad case."I got infected with that gold fever in the late 80s down in Arrowtown and I tell you it's even more dangerous than the coronavirus, because you never actually get rid of it, and then the crazy thing is that there is no medication." In 2009 he ... (full story)

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  • Category: Fundamental Analysis