Rick feels the current pattern for gold, one of climbing the wall of fear, and then slowly lurching higher and backfilling is an excellent sign for this market. We have been in an M&A cycle for the past 12 to 18 months, with another 18 to 24 months more to go. This industry is plagued with too many names and too much general administrative expenses. Acquisitions permit the disposing of marginal assets and allow companies to focus their best core assets. Money in this market will currently be spent on companies that should be acquired.
Gold Stocks’ Spring Rally 6 – Adam Hamilton (03/01/2021)
Sonoro Gold Corp. Reports Positive Drill Results On Cerro Caliche Gold Project – Mike Swanson (02/23/2021)
Gold Stocks Retest Lows – Adam Hamilton (02/22/2021)
CAT Strategic Metals (OTCMKTS: CATTF) Makes Major Uranium Deal – Mike Swanson (02/18/2021)