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Gold Price Not A Problem For Miners – Corvus CEO
As gold hovers around $1,200 an ounce, one CEO says that higher prices are not necessary to sustain good mining projects, but may be needed to bring back investor sentiment.
“In my perspective, $1,200 gold is a good price…our project performs well at $1,000 gold, so I don’t see gold price as a problem. It may be a problem for investors to get their sentiment back into the gold sector and say hey, I want to be involved, this is a commodity that’s going up,” Jeff Pontius, CEO of Corvus Gold, told Kitco News on the sidelines of the of the 2018 Precious Metals Summit in Beaver Creek. (show less)
As gold hovers around $1,200 an ounce, one CEO says that higher prices are not necessary to sustain good mining projects, but may be needed to bring back investor sentiment.
“In my perspective, $1,200 gold is a good price…our project performs well at $1,000 gold, so I don’t see gold price as a problem. It may be a problem for investors to get their sentiment back into the gold sector and say hey, I want to be involved, this is a commodity that’s going up,” Jeff ... (read more)
Precious Metals Summit 2018
Precious Metals Summits provide a one-stop destination for institutional investors, sell-side representatives and corporate development executives from senior precious metals companies who want to be ahead of the pack in identifying the most prospective explorers and developers from around the globe. Our unique, by-invitation Summits offer delegates the opportunity to attend corporate presentations, meet one-on-one with senior management and to network in an exclusive yet warm and relaxed atmosphere.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.
