Mega Mergers Signaling This Gold Price - Corvus CEO

The latest round of mergers of large cap gold companies, particularly between Newmont and Goldcorp, signal a $1,400 an ounce gold price target, said Jeff Pontius, CEO of Corvus Gold.
“That was a great merger in my opinion. I think when you look at the valuation of those things, I still think it indicates about $1,400 gold,” Pontius told Kitco News.

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