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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.
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Comments (8)
  • Daveintosa
    , contributor
    Comments (142) | Send Message
     
    Economist AZK looks good! GO PACK GO !!!!
    11 Oct 2012, 08:18 PM Reply Like
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    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
  • noyuk
    , contributor
    Comments (2) | Send Message
     
    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
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    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
  • reader500
    , contributor
    Comments (224) | Send Message
     
    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
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    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
  • David Urban
    , contributor
    Comments (1036) | Send Message
     
    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
  • reader500
    , contributor
    Comments (224) | Send Message
     
    thank you very much mr DAvid Urban. thank you.
    12 Oct 2012, 01:15 PM Reply Like
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