Sat, Dec 20, 2014
A A A
Welcome preal121
RSS

Commodities Briefing - Categorized | Bullion/Gold, Commentaries, Price Watch more

How low can the gold price go?

Posted on 24 April 2013

Killian Charles, an analyst with Industrial Alliance in Montreal, isn’t too concerned if the gold price hits $1,300 an ounce or even $1,000. He’s more concerned with the gold breaking point. How low can the gold price go without breaking a project? Investors will be surprised to know that a wealth of junior miners are lean and mean enough to survive a pint-sized gold price.
Charles talks with The Gold Report about which companies have resized and redesigned their projects to make it in this unforgiving market. There’s an unspoken belief that, when you invest in a junior mining company, you’re essentially buying a portion of the deposit………………………………………..Full Article: Source


 Article link

This post was written by:

VRS - who has written 38538 posts on Opalesque Commodities Briefing.


Contact the author

Comments are closed.

banner
banner
December 2014
S M T W T F S
« Nov    
 123456
78910111213
14151617181920
21222324252627
28293031