Mining

A decade long exit from the gold sector – Quartermain

A decade long exit from the gold sector – Quartermain explains why mining equities are muted

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“Kitco Mining”

Investors still haven’t made the link between high gold prices and mining equities, said Robert Quartermain, co-chairman of Dakota Gold.

On Monday Quartermain spoke to Kitco Mining.

Quartermain has a storied career in mining. Most recently he was Executive Chairman of Pretium Resources Inc.,…

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  1. Litecoin (LTC) the digital silver and bitcoin the digital gold go hand in hand, like the younger and the older digital brothers. Litecoin's limited supply is a key feature of its technology. As a peer-to-peer digital cash payment, the decentralized coin litecoin (LTC) has incomparably cheaper transactions fees and is natively 10 times faster than bitcoin. Litecoin wasn't premined/ICO launched and isn't controlled by insiders, and there will be mined only 84 million litecoins. Being a digital precious metal and a truly decentralized, digitally mined commodity, not a security, litecoin wasn't issued by government or a corporation. LTC fungibility combined with the Lightning Network and enhanced level of privacy of its MimbleWimble (MWB) protocol make LTC especially congenial means of payment for secured financial transactions and for the store of value.

  2. 2008 GDX highs around 56 per share and GOLD around 950 per ounce. Today GDX 34 per share and GOLD 2400 per ounce. Something is drastically wrong with the Mining sector these days.

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