If you’re looking for a sign that this gold environment is unlike any other, this is it: even the most seasoned—and let’s face it, wealthy—mining executives just can’t seem to stay away.
It’s like that one guy we all know who retires, buys a boat, spends three weeks staring at the ocean, and then realizes he actually misses the stress of a 6:00 AM alarm and the smell of industrial-grade coffee. These titans made their fortunes on the biggest deals of the last decade, but they’ve traded the golf course for the core shack.
Because money is fun. I like money. You probably like it too.
And in this environment, experienced operators who have capital know how to grow it like the computer-hacked social calendars in the movie Revenge of the Nerds. They’ve looked at the mining landscape, found the glitch in the system, and are multiplying their holdings with a speed that would make a Lambda Lambda Lambda mathlete weep with joy.
And right now, they’re back to do it again—gobbling up juniors like a midnight snack at a Denny’s.
Let’s dive in.
Information for this story was found via the sources and companies mentioned. The author has no securities or affiliations related to the organizations discussed. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security. The author holds no licenses.
