People with no experience in mining think you just hook up a hose to a mineral deposit and out comes money. To mine a trillion in ore and actually turn a profit requires hundreds of billions in expenditure and years of careful planning. It’s far from a hole in the ground filled with money just for the taking.
Exactly. My neighbor is a mining engineer. He has been working on a very big gold mining project for 10 years. They will finally break ground next month. The costs to date are about $500 Million. Mostly in core drilling.