The Gold Report
Notable Quotes
"ICG has closed a CA$2.5M flow-through placement." (12/24/15) Integra Gold Corp. - Thibaut Lepouttre, Caesars Report More >
"The exploration upside at MAG's Juanicipio project is substantial." (12/23/15) MAG Silver Corp. - Gwen Preston, Resource Maven More >
"AKG's management continues to deliver on its development milestones." (12/22/15) Asanko Gold Inc. - Nana Sangmuah, Clarus Securities More >
"We are initiating coverage on KDX with a Buy rating." (12/21/15) Klondex Mines Ltd. - Don Blyth, Paradigm Capital More >
"VIT's Eagle is a shovel-ready, fully permitted, prefinanced gold project." (12/17/15) Victoria Gold Corp. - Tom Hayes, Edison Investment Research More >
Goldcorp: All the Right Moves
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The Gold Report Interview with John Embry (03/08/2010)
TGR: What about consolidation plays? Do you think the time is right for that? JE: I think the big problem is that the guys that head up some of these gold companies don't have the confidence in their own product that they should have. As a result, they're reluctant to pull the trigger on acquisitions that to me would be brilliant at this stage in time. We've seen some activity, as you mentioned, in Mexico. I know Goldcorp has been picking up a few around its big silver play down there. And I think that's a great move. My attitude is that these guys, without exception, all have long-term reserve issues. If there's ever been a better time, based on my outlook for where all this is going, to pick them up, I can't think of one. These guys should be looking for anything that's real and using their paper right now to buy it. View Entire Article: John Embry: As Confidence Returns, Gold Will Rise |
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Under SEC rules, analysts are required to disclose their interest in securities that they cover. We strongly encourage you to contact them to understand any potential conflicts of interest they may have.
More Experts
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