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Between the gold price and the equity prices, a gap needs to be filled - De Jong

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[EDITOR'S NOTE. Podcast is audio from video interview, which ran earlier this month.] Steve De Jong is still waiting for equity prices to match the run up in the gold prices. De Jong, CEO of VRIFY and chairman of Integra Resources, spoke to Kitco at the Vancovuer Resource Investment Conference last month. "Simplistically, we can look at the gold price appreciation and the lack of equity appreciation and say there is a gap that needs to filled," said De Jong. He notes that the last time gold was over $1,600 gold company equities were a lot higher. "As a shareholder, I would much rather have a position in a stock that needs to catch up rather than the opposite. That said, the enviornment is a lot different than 7-10 years ago when we went through the last gold bull market. "I don't think it is going to be that easy this time. Companies are going to have to dig deep and figure out ways to tell their stories to really differentiate themselves in the crowd." Listen to our interview with Steve De Jong.
Disclaimer: The views expressed in this article are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this article do not accept culpability for losses and/ or damages arising from the use of this publication.

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