Mining Stock Education cover image

Three Junior Gold Stock Picks from Fund Manager Dave Kranzler

Mining Stock Education

00:00

The Optionality of a Gold Price Play

When you look at in situ, gold ounces in the ground, somebody brought a company to me and they said, Bill, look at this as an optionality play. And I was like, oh, it's just too small. Well, you're right. You can look at optionality as in a couple of different ways; there's also the gold price optionality. At a certain gold price, a half a million ounce mine is extremely valuable. So for instance, Viva, they've got, again, I think it's around 675 measured, indicated, inferred. If they're around long enough before they get acquired to further expand and develop the resource then that's massive

Play episode from 22:47
Transcript

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app