Oct 29, 2019 Guest(s): Ivan Bebek Executive Chairman, Auryn Resources
Investors shouldn't pay attention to short-term volatility. Instead, they should keep their eye on the long-term uptrend for gold and silver says one mining CEO.
In an interview with Kitco News during the Silver and Gold Summit in San Francisco, Ivan Bebek, executive chairman of Auryn Resources, said that he is expecting to see significantly higher silver and gold prices in 12 months.
"I would say that we are going into one of the most historic silver markets and gold markets that we will ever see... based on several macro events," he said.
Bebek's comments come the same day that the company announced a major sample discovery at its Curibaya project in Southern Peru. The company's sampling results shows 20 samples above 200 g/t silver and multiple results over 1,500 g/t silver and up to 7.67 g/t gold. He added that the company has only been on the property for 10 days.