Tectonic Metals gets funding for gold exploration in Alaska
The company's Flat gold project is located 40 km north of the giant Donlin gold project.
Institutional investors are no doubt recoiling on news that one of their very own – the $20 billion Texas University Endowment Fund – has taken a $1 billion position in dumb ol’ gold bars, stored on their behalf in New York vaults, collecting dust but earning no interest and paying no dividend.