I explained the basics of the five million ounce Paul Isnard gold project located in French Guiana back in early November of 2014. Little has changed except the share price has gone from $0.35 then to $0.87 now, they have added a lot of gold, moved their plan B Nevada project to just a smidgen under one million ounces of gold in a 43-101 and historic resource and have new neighbors in French Guiana named Barrick and Newmont.
Almost 10 years ago I went to central Peru some 65 miles east of Lima to see an area that had been abandoned when the Shining Path guerillas moved in. The Chanape Mining District was home to some of the best mining projects and mines in Peru.
For a relatively safe investment, the market says investors should be selling gold and buying platinum. That can be done either by buying a platinum exchange-traded fund and selling a similar amount of a gold ETF or simply by trading gold coins for a greater number of platinum coins.