Miners are still hungry for junior acquisitions – Source – Kitco News (09/19/2019)

It is still cheaper for seniors to acquire a smaller mining company than it is to explore themselves, this according to Steve Todoruk, investment executive at Sprott.

“The majors are still playing catch-up, starting up their exploration programs in-house themselves, but they’re still a long ways behind so they’re quite relying on what the juniors are doing,” Todoruk told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek.



Share This Post