Categories: General Market Commentary / Precious Metals
Topics: General Market Commentary / General Precious Metals

Junior miners are next in line for gold price explosion

Junior miners have not received the same attention from investors as the seniors have this year, following the precious metals’ rally, but it won’t be long until they catch up, this according to Jeff Pontius, CEO of Corvus Gold.

“I think that if we should stability at $1,500 [an ounce], that whole curve inflection that we saw in the last gold bull market will happen,” Pontius told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek. “The purchasing of gold exposure will go down market into the junior names and we’ll see that terrific takeoff that we saw in 2009.”