Gold jumped more than 1% to surpass the $1,550 per ounce mark for the first time in more than six years on Monday as investors flocked to safe haven assets driven by the heightened U.S.-China trade dispute.
“Old geologists never die, we just erode and weather away.” 43 years in the industry and half-way through his career.
Interview with Steve Enders, Director of Geology and Geological Engineering, Colorado School of Mines
47 million ounces of silver and growing! High-grade system in the Rosario District, Sinaloa.
Interview with Marcio Fonseca, President and CEO of Goldplay Exploration Ltd - Discoveries 2019 Mining Conference
MAG Silver is perhaps the highest-profile silver development story on the market today. Rightly so, given the huge size and very high grades of the Juanicipio mine, being built by MAG (44%) and JV partner Fresnillo PLC (56%). But the stock ain't cheap, and it's a long way to first pour, still, so of course I asked CEO George Paspalas why folks should buy the stock now. But I also asked him about the red flag that has always held me back from this play: there's no bankable feasibility study on Juanicipio. Judge for yourself whether his answer to this concern is satisfactory.