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]