Why This CEO Doesn't Want A Repeat Of 2011 For Gold

By Kitco News / February 28, 2019 / www.kitco.com / Article Link

Mar 01, 2019 Guest(s): Christian Milau CEO & Director, Equinox Gold

While many gold investors would be happy to see a euphoric rally in gold similar to the 2011 scenario, Christian Milau, CEO of Equinox Gold, would prefer to see a steady rise in gold prices.
"A gradual increase is nice. If [gold] goes up significantly overnight, say $100, everyone wakes up and goes gold's alive again and is exciting to invest in. If it gradually increases then I think people forget and don't notice, and that allows us to go and maybe buy a couple of assets, to finance them, when others can't," Milau told Kitco News on the sidelines of the Gold Stock Analyst Investor Day.

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