The Smartest Investors Club
  • Business
  • Politics
  • Investing
  • World
  • Business
  • Politics
  • Investing
  • World

The Smartest Investors Club

Investing

Byron King: Will Gold Miners’ Q2 Results Catch Wall Street’s Attention?

by July 15, 2024
July 15, 2024
Byron King: Will Gold Miners’ Q2 Results Catch Wall Street’s Attention?

Byron King of Paradigm Press shared insights from a recent Yukon property tour, including what’s known so far about the heap leach pad failure at Victoria Gold’s (TSXV:VGCX,OTC Pink:VITFF) Eagle gold mine.

Noting that little information is currently available, he recommended avoiding speculation until more details have been released. However, he did remind investors of the risks attached to single-asset companies.

‘There is a risk obviously in great big single-asset plays when something critical fails,’ King said.

He also discussed his outlook for the gold price and gold miners as they prepare to release Q2 results.

In his view, if these companies see big jumps in profit, they may start to attract attention from Wall Street.

‘I do think that ‘Big Wall Street,’ so to speak, will absolutely have to rebalance some of that cash towards the hard assets, and in particular gold (and) silver producers,’ he commented.

Watch the interview above for more from King on the outlook for gold and gold stocks, as well as his thoughts on the petrodollar and which companies he’s watching in Yukon and BC’s Golden Triangle.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com
0
FacebookTwitterGoogle +Pinterest
previous post
Byron King: Will Gold Miners’ Q2 Results Catch Wall Street’s Attention?
next post
Completion of $7.1M Placement and Priority Offer

You may also like

Red Metal Resources Closes First Tranche of Financing

Joe Mazumdar: Silver and Rare Earths Stocks, Plus...

Compulsory Acquisition Notice

Gold Grades Continue to Impress at Northern Zone...

Elliott Management’s Hyperion to Seek Billion-dollar Mining Assets...

First Parcel of Ore for 2024 to be...

Total Voting Rights

Further Exploration Targets Identified at Bayan Springs

Lahontan Gold Announces Positive Preliminary Economic Assessment for...

Blackstone Expands Strategy to Pursue Copper-Gold Projects

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest

    • OpenAI’s Sam Altman thanks Sen John Fetterman for ‘normalizing hoodies’

    • Former Supreme Court Justice David Souter dead at 85

    • Ukraine says it has uncovered Hungarian spy network working in border region

    • Trump claims ‘I don’t know her’ and ‘listened to’ RFK Jr about surgeon general pick getting MAGA pushback

    • Rubio just got an additional job in Trump’s administration — and he’s not the only one wearing multiple hats

    Categories

    • Business (1,633)
    • Investing (4,791)
    • Politics (7,539)
    • World (6,129)
    • Terms & Conditions
    • Privacy Policy
    • About us

    Disclaimer: thesmartestinvestorsclub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2024 thesmartestinvestorsclub.com | All Rights Reserved


    Back To Top