World-class discovery in North America needed for new exploration cycle

With gold prices at $1,500 an ounce and most junior exploration companies still not getting capital from investors, what’s needed is not another gold price rally but a major exploration in North America to bring investors back into the space, this according to Cal Everett, CEO of Liberty Gold.
“It usually takes a world-class discovery in North America to start a new junior cycle,” Everett told Kitco News on the sidelines of the Silver & Gold Summit in San Francisco. “All of these major discoveries are generally found in North America because that’s where the risk capital is generally raised.” (show less)

With gold prices at $1,500 an ounce and most junior exploration companies still not getting capital from investors, what’s needed is not another gold price rally but a major exploration in North America to bring investors back into the space, this according to Cal Everett, CEO of Liberty Gold.
“It usually takes a world-class discovery in North America to start a new junior cycle,” Everett told Kitco News on the sidelines of the Silver & Gold Summit in San ... (read more)

Silver & Gold Summit 2019

Silver & Gold Summit 2019
The Silver and Gold Summit facilitates discussions and debates on precious metals trends, geopolitical risk and investment opportunities within the natural resource economy. Cambridge House International Inc. and Katusa Research will co-produce the Silver & Gold Summit 2019.

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.