 Today I have the pleasure of speaking with Tom Meredith of West Red Light Gold. How are you today Tom? I'm well. Thanks Tracy. And of course Tom is a top expert in gold and has been in the gold industry for many years So let's talk about gold being over $1400. What's going on? Well, the main mover is the Fed interest rate cuts on the horizon so for the last six years gold is being capped at about 1360 say and when the Fed indicated it's likely to start cutting rates Then gold went well shot above 1400. So it broke a six-year capping at about 1360 and That signals that money is going to flow into the space and it's really big money It's bond money that's flowing into the space because the negative rates which a lot of these triple-a bonds are at Gold looks better. So they're putting money in a bowl. So capital flows are moving in Is it too late to get it and appreciate the gold market movement? No, it's actually just started because there's you know, it's most likely there's going to be several Rate cuts coming around the corner. The feds already signaled. They're probably going to make their first cut later this month The markets forecast and they're going to make several more cuts and generally interest rates are falling around the world So that is going to drive much more capital in the gold I spoke with an investor just the other day and he said trace only talk to me about gold And I said three months ago. You wouldn't even discuss gold with me. What's going on? Well, capital has started to flow into the sector and that's for investors That's what matters most is where is capital flowing because they want to ride the capital wave It's just like surfing Surfers go out when the good waves are coming and there's a good wave of capital coming in the gold Well, I've enjoyed surfing a time or two and but I'm not seeing investors get into the junior gold place yet When is that going to happen? Probably will start this fall So typically what happens is gold and the large gold stocks move first and you've seen Barrick and a nickel eagle and Newmont all hit new highs in the last couple of weeks as gold broke through 1375 and above 1400 We'll probably have a little bit of a consolidation phase over the next few weeks And then what we're looking for is a confirmation Probably when the Fed cuts and gold will move much higher and this will that'll serve to confirm The gold inflows in the market will start to pour in and that will get the ball rolling and people who are very savvy investors are $1,700 as a reasonable price target in the next few months and that'll have a significant impact Not only on the gold and obviously in the big gold stocks, but money will then start to move into the juniors Okay, so with West red light gold for all of you out there going okay. I want to get into gold Why would we look at West red light gold? Just give us the competitive advantage Well, one reason is we have a high-grade resource So we have about a little over a million ounces of seven and a half grams and we have good potential to expand that resource And that's what we'll be working on in the future The second reason is we're in Red Lake, Ontario Which is a great mining jurisdiction and we own the land and the Miller rights outright So we have title to that land The third reason is our partner is Newmont Gold Corp and they have two Mills in the area so we have all the infrastructure in place with our partner And I think the fourth is if you look at the valuation of our market cap in dollars per ounce We're at a very very steep discount So when junior when money starts to flow into the juniors We have a lot of leverage to the upside and of course your drilling results in the new year were quite outstanding What should we as shareholders anticipate in the upcoming quarters? We were very encouraged by those draw results because that's on a new mineralized structure that we've started drilling It's called the NT zone. That was our first set of drill results there Our main deposit is the Rowan deposit the one went over a million ounces the NT zone is very Nearby the Rowan deposit and we see the potential to build another similar deposit with great drill results Which will catch the market's attention. Well, thank you so much for keeping us updated. It's great to see you Tom Thank you, Tracy