Constantine doubles its Palmer project resource. The Crocodile-Newmarket merger gives a team of heavyweights the foundation for a new midtier producer. Focus Ventures keeps advancing its Bayovar 12 phosphate project.
Spread your dollars amongst takeout candidates, major miners, and juniors with the best odds of outperforming when the markets start to move. Then wait.
It’s a common stat in the sector: only 1 in 1,000 discoveries becomes a mine. But David Harquail, president and CEO of Franco-Nevada, takes that sobering fact one step farther.
When precious metals struggle, investors favor bullion over stocks. It is sensible: the gold price can fall but cannot go to zero, while stock prices most certainly can. Thus bullion is safer.