Taking Crowlee's risk/reward evaluation into a different perspective:
If one presumes that the gold bull market has years to run (if we thought it didn't we would not be here), then realistically speaking someone is going to extract those 2 million - 3 million ounces from YK. There just aren't that many deposits available. Sure, there could be permitting and funding hiccups but eventually someone will pull it out of the ground for $1000 or whatever and sell it for $2K, $3K, $4K or whatever.
In that light, Interinvest's relentless purchases make a lot of sense regardless of their plans. After all, they know the meaning of "absurd" as well as we.
So there you have it. Someone (very likely Interinvest) is going to make a sh--load of money on this deposit. Whether we share proportionately seems to be in Interinvest's control. But, knowing what we do now, it's a risk/reward setup worth taking IMO.
Strike
