Looking for doubles and triples - why 20% to 30% gains aren't good enough for resource investors

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By Michael McCrae and Paul Harris
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Looking for doubles and triples - why 20% to 30% gains aren't good enough for resource investors teaser image

(Kitco News) - Equity financings continue to roll in the resource sector, noted Kitco Correspondent Paul Harris.

This week Harris was joined by John Feneck, Founder & CEO of The Feneck Commodities Report.

The two discussed green and red flags of gold developers, and why few of them hit it out of the park. Key green flags are the network effect of key investors, like the Lundin Group and Frank Guistra, and management bench strength like US Gold with George Bee, although with the caveat of not knowing what their exit strategies are.

Equity finance continues to flow to the sector with upsized bought deals for Gold Royalty and Faraday Copper, and Centerra Gold making a strategic investment to take a 9.9% position in Kenorland Minerals.

Feneck also discusses why the silver metal and silver stocks are flying high, and looking like they have more room to grow as the gold:silver ratio narrows.

And, the USA implements 25% import tariffs on a number of critical minerals from China, which is likely to boost North American critical minerals explorers and developers
 

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Digging Deep is brought to you by Revival Gold. Revival Gold is one of the largest, pure gold, mine developers in the United States. The Company is advancing engineering and economic studies on the Mercur Gold Project in Utah and mine permitting preparations and ongoing exploration at the Beartrack-Arnett Gold Project located in Idaho.

Revival Gold is listed on the TSX Venture Exchange under the ticker symbol "RVG" and trades on the OTCQX Market under the ticker symbol "RVLGF". The Company is headquartered in Toronto, Canada, with its exploration and development office located in Salmon, Idaho.

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Michael McCrae

Michael McCrae is leading Kitco's coverage of the mining sector. McCrae, who has both an MBA and CMA, knows how to build digital media properties. He was co-founder and publisher of MINING.com, an award-winning news site. Before coming to media, McCrae worked in IT and banking. Please reach out: mmccrae@kitco.com or (514) 670-1383. You can also follow him at @michaelmccrae.

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Paul Harris

Paul has more than 20 years of experience in the mining sector in investor relations, communications, research, and news reporting roles, and over 16 years of experience in the Colombia gold sector. Paul founded the successful CGS Copper and Gold Symposium in Colombia. He has written for the industry-leading publication ‘Mining Journal’ since 2015 and has been a Kitco Mining anchor since 2022. Previously, Paul spent five years in Chile reporting on the copper sector for CRU and Metal Bulletin. Paul received a BA in Business Administration from the University of the West of England, UK; and a MA in International Relations from the University of Chile, Santiago Chile. He is fluent in English and Spanish.

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