Flow-through funding provides an alternative way to supply much-needed high risk capital to the junior exploration sector, this according to Lisa Davis, CEO of PearTree Securities.
“I really think that the junior end of the market would be just crippled without this tool. Exploration capital for grassroots programs is venture capital at its riskiest, and without an incentive like the flow-through regime, the sector would just be starved for capital,” Davis told Kitco News on the sidelines of the Xplor Mining Convention in Montreal.