The numbers are up at the annual PDAC conference in Toronto and enthusiasm is high. The article discusses some of the issues surrounding mining. Part of it is simply visibility. Not enough money flowing into it. There is a desperate need for production, the demand is high. It is acknowledged that many of the major producers are doing well but junior miners and prospectors are struggling to raise capital. That is not the case for all, as I well know with some having strong enough stories to raise funds.In the link below we hear from Jason Neal, who comments that the Mergers and Acquisitions departments are looking favourable towards this sector perhaps hinting at an interesting spring and summer.
"They’re probably in a position now that if they wanted to make an acquisition they could do it and find support.”
The final thought is also an interesting one: funds have become too big. There is not enough focus on growth opportunities with etf's, and mutual funds needing to invest too much money in order to get a solid dollar return on their large funds. This sounds like a fault of the fund industry. Perhaps, we need to have people building the growth side of our industry? There will incredible opportunity in this sector for those private equity plays. Talk to your adivsor about this mining, about the opportunities and see what they can do for you. If they are handcuffed by corporate policy get an online account and take advantage of opportunities. You can buy physical gold as insurance right now and you do not need much more than 10 minutes. You should be moving out of crypto and weed stocks and focusing on where the value is. The value is in the mining sector.