What happens when money becomes scarce for junior resource companies

While mostly gloomy on the resource sector, Soar Financial Group CEO Kai Hoffmann noted that valuations are awfully cheap.
Hoffmann spoke to Kitco on Tuesday. Hoffmann's other company, Oreninc, tracks financings in the junior resource space. There were only two bought-deal resource financings in July and August, according to Oreninc.

Kitco Mining

Kitco Mining
Kitco Is The Leader In Mining Coverage

Disclaimer: The content on this website, including, without limitation, news, videos, interviews and commentaries, is provided by Kitco Metals Inc. ("Kitco") for informational purposes only and is not intended as any form of advice, whether legal, accounting, investment, financial or tax advice. Therefore, it cannot be relied upon as such. Should you require such advice, contact a licensed professional. The content provided herein is provided on an "as is" basis without any warranty of any kind, whether express or implied and your use of the information provided in said content is entirely at your own risk. In no event will Kitco be held liable for any indirect, special, incidental, or consequential damages arising out of the use of the content on this website.