Hedge funds’ bullish bets on gold jump to four-year high
Hedge funds and other large speculators boosted their net-long position in gold.
More than 600 mining mining juniors in Canada do not have enough working capital to keep them running through the next 12 months, according to a report released by Prospectors & Development Association of Canada.
Using research compiled from John Kaiser, the PDAC found that 675 listed-companies out of 1,804 have $200,000 or less in working capital.