David Erfle - What Consolidation in the Gold Sector Really Means #4268

22:39
 
Share
 

Manage episode 229524871 series 1401217
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
There's many changes afoot in the gold mining sector. The so-called GDX-J appears to be ready undergo another makeover. This time non-cashflowing companies will be removed from the index. Only producers and royalty companies will be included. What about all those exploration companies? How will this impact their ability to raise capital? We talk extensively about Barrick-Newmont-Goldcorp and where they're heading. Large numbers of projects will be spun-off to raise capital and lower debt. What will the industry look like next year at this time? But this spells major opportunity for those with capital and expertise.

1656 episodes available. A new episode about every 16 hours averaging 30 mins duration .