Too much capital in gold sector is a double-edged sword

By Kitco News / August 31, 2020 / www.kitco.com / Article Link

Sep 02, 2020

The junior mining sector has seen record capital inflows in capital, but one mining executive warns of the risk of intense, sudden interest in the space.
"The amount of money being raised and the consistent pattern of upsize in capital raises due to over commitment or the size of the deal having so much interest that people are fighting to get placed, that is pushing a wealth of risk capital back into the market that we haven't seen since 1996-1997, 2007-2007, 2010-2011, and now this is the fourth one," said Cal Everett, CEO of Liberty Gold.
Everett's concern is how this inflow of capital will impact the public markets.

Recent News

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com

Gold stocks hit by plunging equities markets

September 09, 2024 / www.canadianminingreport.com

Gold stocks down as metal and equities momentum fades

September 02, 2024 / www.canadianminingreport.com

Another Kazatomprom guidance announcement shakes uranium price

September 02, 2024 / www.canadianminingreport.com

Major monetary drivers still supporting gold

August 26, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok