Digging Deep

'You could roll bowling balls down the aisle' - all-time high gold prices are not drawing investors

March 11, 2024 Paul Harris, Kitco Media
'You could roll bowling balls down the aisle' - all-time high gold prices are not drawing investors
Digging Deep
More Info
Digging Deep
'You could roll bowling balls down the aisle' - all-time high gold prices are not drawing investors
Mar 11, 2024
Paul Harris, Kitco Media

The gold price is hitting all-time highs, but there is still scant interest in junior miners, noted JuniorMinerJunky's David Erfle. 

On Wednesday Erfle recorded the inaugural show Digging Deep, hosted by Kitco correspondent Paul Harris at PDAC in Toronto. 

PDAC is mining largest annual get together. Over 23,000 delegates attended last year's show. 

Erfle noted the lack of love junior miners are attracting despite precious metals jumping higher. 

"You could pretty much roll bowling balls down the aisle," said Erfle noting the lack of retail investors dropping by the company booths. "There wasn't that many people. I was walking around talking to companies at their booths [asking] them 'how many retail investors have come up to ask you about your company?' Many said one or two or none."

Erfle and Harris noted that Ecuador made a splash at PDAC, embracing mining investment and shoring up investor protections and mining regulations. 

Erfle noted that Argentina has a new president, Javier Milei who assumed office in December. Milei is rolling out pro-business policies, which should favor mining.  

"It's going to take it's going to take a lot of work," said Erfle. "A lot of things have to go right for him to turn that around within his term." 

Digging Deep is a new show from Kitco Mining. Join a discussion with the brightest minds in the resource investing sector and learn how to navigate the complex world of mining investment. Kitco Mining's Digging Deep, hosted by Paul Harris, is your weekly appointment to understand the key trends in the resource investment space. Paul sits with experts to dissect investment trends and understand the dynamic landscape shaping the future of natural resource extraction. Digging Deep is your guide to understanding resource investment and how to profit from it.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.

Show Notes

The gold price is hitting all-time highs, but there is still scant interest in junior miners, noted JuniorMinerJunky's David Erfle. 

On Wednesday Erfle recorded the inaugural show Digging Deep, hosted by Kitco correspondent Paul Harris at PDAC in Toronto. 

PDAC is mining largest annual get together. Over 23,000 delegates attended last year's show. 

Erfle noted the lack of love junior miners are attracting despite precious metals jumping higher. 

"You could pretty much roll bowling balls down the aisle," said Erfle noting the lack of retail investors dropping by the company booths. "There wasn't that many people. I was walking around talking to companies at their booths [asking] them 'how many retail investors have come up to ask you about your company?' Many said one or two or none."

Erfle and Harris noted that Ecuador made a splash at PDAC, embracing mining investment and shoring up investor protections and mining regulations. 

Erfle noted that Argentina has a new president, Javier Milei who assumed office in December. Milei is rolling out pro-business policies, which should favor mining.  

"It's going to take it's going to take a lot of work," said Erfle. "A lot of things have to go right for him to turn that around within his term." 

Digging Deep is a new show from Kitco Mining. Join a discussion with the brightest minds in the resource investing sector and learn how to navigate the complex world of mining investment. Kitco Mining's Digging Deep, hosted by Paul Harris, is your weekly appointment to understand the key trends in the resource investment space. Paul sits with experts to dissect investment trends and understand the dynamic landscape shaping the future of natural resource extraction. Digging Deep is your guide to understanding resource investment and how to profit from it.

Disclaimer: The views expressed in this podcast are those of the author and may not reflect those of Kitco Metals Inc. The author has made every effort to ensure accuracy of information provided; however, neither Kitco Metals Inc. nor the author can guarantee such accuracy. This article is strictly for informational purposes only. It is not a solicitation to make any exchange in commodities, securities or other financial instruments. Kitco Metals Inc. and the author of this podcast do not accept culpability for losses and/ or damages arising from the use of this publication.