May 20, 2019 Guest(s): Matt Geiger Managing Partner, MJG Capital
The vast majority of junior miners are not investable, so investors have to be extremely selective, said Matt Geiger, managing partner of MJG Capital.
"I'm a big believer of Pareto's Law, that the top 20% of any population is going to result in 80% of the value, and if you take that a step further, the top 4% of any population is going to generate 64% of the value," Geiger told Kitco News on the sidelines of The Hard Asset Conference on Jekyll Island. "So, in my opinion, you need to be rejecting the vast majority of juniors that are trying to get you as a shareholder and really focus on the very top 4% to 5%."