19.04.2016 - PE opportunities switching to base metals
The 16% gold price in 2016 has sent stock market valuations soaring higher and the improved margins have provided gold counters with more flexibility in terms of their finances. As a result, the need to complete deals in order to secure much needed funds has become less urgent. Isser Elishis, chief investment officer of North America’s Waterton Global Resource Management told Bloomberg the best investment opportunities are currently in base metals and that he expects to do half-a-dozen transactions in this space this year...............................................Full Article: Source
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