June 29, 2012 at 13:00 PM EDT
Investors Need to Understand Basic Geology: Chris Wilson
The Gold Report: Chris, you have described the junior mining industry as being “in disarray.” Do you have any ideas for investors who might want to participate in the space, but may be a bit confused or discouraged? Chris Wilson: Well, upfront I would say do not lose heart, but do not go throwing your money at just any junior at the moment. We have to find 80 million ounces (Moz) of gold a year just to replace what is being mined. That is equivalent to the whole of the production from the Carlin Trend. Clearly, any company with a significant discovery will be extremely valuable. That value … [visit site to read . . . → Read More: Investors Need to Understand Basic Geology: Chris Wilson

The Gold Report: Chris, you have described the junior mining industry as being “in disarray.” Do you have any ideas for investors who might want to participate in the space, but may be a bit confused or discouraged?

Chris Wilson: Well, upfront I would say do not lose heart, but do not go throwing your money at just any junior at the moment.

We have to find 80 million ounces (Moz) of gold a year just to replace what is being mined. That is equivalent to the whole of the production from the Carlin Trend. Clearly, any company with a significant discovery will be extremely valuable. That value … [visit site to read more]

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