Mining Stock Daily

Jon Goodman Discusses Dundee's Approach to Capital Allocations in a Thriving Gold Market

Aug 8, 2025
Jon Goodman, President and CEO of Dundee Corp, dives into the complexities of the gold market and shares insights on investment strategies amid rising capital demands. He discusses the volatile gold pricing dynamics and the effects of market sentiment and central banks on investments. The conversation touches on the evolving US-Canada trade relationship and its implications for mining. Additionally, Goodman highlights the impact of inflation on mining profitability and the importance of thorough due diligence in navigating investment opportunities.
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ANECDOTE

Reunion Gold Investment Win

  • Jon Goodman shared a story about Dundee Corp's successful investment in Reunion Gold starting from trench data.
  • They incrementally increased investment as drilling confirmed the value, eventually earning over $150 million.
INSIGHT

Small Deposits, Big Value

  • Smaller gold deposits can be highly profitable at current gold prices despite popular belief.
  • Market perceptions of minimum profitable ounces shift dramatically with gold price changes.
ADVICE

Focus on Ore Body Story

  • Focus on the ore body and its financial metrics rather than only what the market currently wants.
  • Tell a clear, honest story to attract investors and don't try to 'mine the market.'
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