Seeking Alpha

The equity financing window for Canadian miners has opened up a little after a long dry spell,...

The equity financing window for Canadian miners has opened up a little after a long dry spell, with more than $1.5B announced or completed since the start of September vs. just $2.8B in the first eight months of this year. But the window is only open to a select few; nearly all miners raising money in recent weeks are in production or have advanced projects with well-defined resources.
Comments (8)
  • Economist AZK looks good! GO PACK GO !!!!
    11 Oct 2012, 08:18 PM Reply Like
  • It has opened up down at the exploration level as well. You have to have a quality project with strong potential. The last year has been about separating the wheat from the chaff.

     

    Good juniors are attracting funds right now.
    11 Oct 2012, 09:21 PM Reply Like
  • I'm long GDXJ and PHAU. Not only because gold miners attract financing... I don't know lots of remedies against inflation. And it's happening one day. For sure. The only question is when ;;;
    12 Oct 2012, 02:01 AM Reply Like
  • I should break down GDXJ sometime.

     

    Junior exploration firms are off the radar here or this site would be full of nuggets. It is a tough sector to navigate and it takes time, patience, and luck.
    12 Oct 2012, 03:12 AM Reply Like
  • anybody with opinion or information on GRand colombia gold (GCM.TO) this company publishes new drill reports but stock keeps go down. i wonder why. i wonder if it is a buy. thanks
    12 Oct 2012, 07:31 AM Reply Like
  • Hold on I will give a quick look. Columbia has been a hot region for the last few months but a number of stocks have been whalloped by boiler rooms pushing down prices.

     

    Had a skunk bid hit yesterday because of it on one junior I love.
    12 Oct 2012, 10:21 AM Reply Like
  • Quick thoughts on Grand Columbia Gold. Nice projects and assets, high costs (not good), would prefer the gold and silver linked notes over the common stock.
    12 Oct 2012, 10:46 AM Reply Like
  • thank you very much mr DAvid Urban. thank you.
    12 Oct 2012, 01:15 PM Reply Like
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