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Craig Hemke at Sprott Money: When buying gold and silver, avoid unallocated 'pool' accounts
8:28p ET Tuesday, April 6, 2021
Dear Friend of GATA and Gold:
Writing tonight at Sprott Money, the TF Metals Report's Craig Hemke notes that buying into the "pool" accounts of coin and bullion dealers defeats the primary purpose of owning monetary metals -- security, the certainty that you will have the metal when you need it and won't get stiffed by another fractional-reserve banking system and its counterparty risk.
... Dispatch continues below ...
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Trillium Gold Reports More High-Grade Gold Results at Newman Todd With Final 2020 Drill Results
Company Announcement
via PRNewswire, New York
Thursday, April 1, 2021
VANCOUVER, British Columbia, Canada -- Trillium Gold Mines Inc. (TSXV: TGM, OTCQX: TGLDF, FRA: 0702) reports the final results from the company's 2020 drill program at its flagship Newman Todd property in Red Lake, Ontario. The Newman Todd Zone (NT Zone) is a 2.2-kilometer-long structural target situated 26 kilometers from Evolution Mining's Red Lake operations.
Results from the final 4 drill holes of the 2020 drill campaign (NT20-176, NT20-178, to 180 totalling 1,862 meeters) are now complete and compiled. The large backlog of samples at the lab has been rectified and overdue results from our 2021 drilling are now being received. This brings total drilling at Newman Todd in 2020 to 6,081 meters in 16 drill holes, the first drilling since 2013 on the property.
"Drilling at Newman Todd continues to deliver gold even as we step toward the northern boundary. These results have aided us significantly in our reinterpretation of the structures controlling mineralization within the NT Zone and have helped with the new modeling, which is directing our current drilling," says Bill Paterson, Trillium Gold's vice president of exploration. ...
... For the remainder of the announcement:
https://www.prnewswire.com/news-releases/trillium-gold-reports-more-high...
Shortages in the fractional-reserve system, Hemke notes, already are causing problems with certain gold and silver dealers.
His analysis is headlined "Undesirable Unallocated Unavailability" and it's posted at Sprott Money here:
https://www.sprottmoney.com/blog/Undesirable-Unallocated-Unavailability-...
CHRIS POWELL, Secretary/Treasurer
Gold Anti-Trust Action Committee Inc.
CPowell@GATA.org
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