gold - Page 2 of 2 - The Momentum Letter

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Gilded Explorers: Trillium Gold Mines

Momentum Letter6 years ago6 years ago031 mins

Naturally, if the price of gold is on the rise, whatever the company finds is going to be that much more valuable. So, when a microcap or small cap mining and exploration company hits a new productive strike or ups proven reserve numbers, it’s like adding gold to the stock price—gold that in and of itself is rising in price during fraught times, further boosting the share price.

The Importance Of Politics In Mining

Momentum Letter6 years ago3 years ago014 mins

Countries, being ultimate agents of action, can declare governmental ownership of entities that operate within their borders. Once outside companies endure the risk of identifying profitable gold mines, governments can declare the mine to be governmental property, thereby hijacking the intellectual and mechanical energy deployed by the outside company and abruptly declaring full ownership of the mine.