Medgold hunts for gold in Serbia with Fortuna Silver
Medgold is wrapping up a nearly 5,000-metre exploration program at its Tlamino gold-silver-lead-zinc project in southern Serbia that partner Fortuna Silver Mines is funding.
During a time where the pain of downward pricing has spilled from minerals into the energy sector, Rick Rule, Chairman of Sprott U.S. Holdings was kind enough to share a few comments.
Strong fundamentals will lift the price, but all bets are off if the many ETF investors who bought between $20–$30 lose confidence and start liquidating en masse.
As far back as 1942, economists have noted that small-cap companies in particular tend to surge at the beginning of the year in a cycle known as the January Effect.