Zijin Mining to take 9.9% stake in Montage Gold
As part of the deal, the Lundin Family Trust also agreed increase its stake in the company from 17.7% to 19.9%.
Frank E. Holmes, CEO and Chief Investment Officer
Frank Holmes is the CEO and chief investment officer of U.S. Global Investors. Mr. Holmes purchased a controlling interest in U.S. Global Investors in 1989 and became the firm’s chief investment officer in 1999. In 2006, Mr. Holmes was selected mining fund manager of the year by the Mining Journal, and in 2011 he was named a U.S. Metals and Mining “TopGun” by Brendan Wood International. In 2016, Mr. Holmes and portfolio manager Ralph Aldis received the award for Best Americas Based Fund Manager from the Mining Journal. He is also the co-author of The Goldwatcher: Demystifying Gold Investing. More than 30,000 subscribers follow his weekly commentary in the award-winning Investor Alert newsletter which is read in over 180 countries.
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Website: http://www.provenandprobable.com
Frank Holmes the CEO & CIO of U.S. Global Investors sits down with Maurice Jackson of Proven and Probable to discuss:
Gold
Mining Companies
Is Gold finally exiting the 5 year Bear Cycle
Will a Trump Administration restore the virtues of capitalism
Consumer Price Index vs Producers Manufacturing Index
Nominal vs. Real Interest Rates
And what actions you the investor need to take.
Video:
