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The globe has been turned upside down because of the COVID-19 pandemic but the mining market appears to be weathering the tornado as one fund sees funding gradually receding into the sector.
In a meeting with Kitco News, Lisa Davis, president at PearTree Stocks, claimed that larger manufacturers, as a result of increased cash flow and also greater gold prices, remain in much better form than jr travelers. She added that point that can assist the junior exploration market is a few adjustments to the flow-through funding program.
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Sentiment in mining sector improving but more work is needed – PearTree Securities
The world has been turned upside down because of the COVID-19 pandemic but the mining sector appears to be weathering the storm as one fund sees capital slowly flowing back into the sector.
In an interview with Kitco News, Lisa Davis, chief executive officer at PearTree Securities, said that larger producers, due to increased cash flow and higher gold prices, are in better shape than junior explorers. She added that one thing that could help the junior exploration sector is a few changes to the flow-through funding program.
__________________________________________________________________
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
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