American Invest Hub
  • Politics
  • Investing
  • Business
  • Latest News

American Invest Hub

  • Politics
  • Investing
  • Business
  • Latest News
Investing

Byron King: Will Gold Miners’ Q2 Results Catch Wall Street’s Attention?

by admin July 15, 2024
July 15, 2024
Byron King: Will Gold Miners’ Q2 Results Catch Wall Street’s Attention?

Byron King of Paradigm Press shared insights from a recent Yukon property tour, including what’s known so far about the heap leach pad failure at Victoria Gold’s (TSXV:VGCX,OTC Pink:VITFF) Eagle gold mine.

Noting that little information is currently available, he recommended avoiding speculation until more details have been released. However, he did remind investors of the risks attached to single-asset companies.

‘There is a risk obviously in great big single-asset plays when something critical fails,’ King said.

He also discussed his outlook for the gold price and gold miners as they prepare to release Q2 results.

In his view, if these companies see big jumps in profit, they may start to attract attention from Wall Street.

‘I do think that ‘Big Wall Street,’ so to speak, will absolutely have to rebalance some of that cash towards the hard assets, and in particular gold (and) silver producers,’ he commented.

Watch the interview above for more from King on the outlook for gold and gold stocks, as well as his thoughts on the petrodollar and which companies he’s watching in Yukon and BC’s Golden Triangle.

Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.

This post appeared first on investingnews.com

0
FacebookTwitterGoogle +Pinterest
previous post
Augustus Minerals
next post
British police arrest man, 34, in connection with human remains found in suitcases

Related Posts

Carbon Done Right Developments Inc. Provides Bi-Weekly MCTO...

May 16, 2024

Balkan Mining and Minerals Limited (ASX: BMM) –...

June 29, 2024

CrowdStrike stock price: CRWD valuation concerns remain

November 6, 2024

Silver Traders Seek Out China as Solar Demand...

May 31, 2024

Biomarker Technologies for Cardiovascular Health

August 6, 2024

Box price analysis: rule of 40 points to...

October 31, 2024

JPMorgan’s JEPI ETF is a SWAN fund; here...

November 13, 2024

Top 4 reasons the Nio stock price is...

July 24, 2025

USD/TRY forecast: Turkish lira crashes ahead of CBRT...

January 22, 2025

SOXL ETF stock forecast ahead of Intel, AMD...

October 18, 2024

    Stay updated with the latest news, exclusive offers, and special promotions. Sign up now and be the first to know! As a member, you'll receive curated content, insider tips, and invitations to exclusive events. Don't miss out on being part of something special.


    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Latest News

    • Europe bulletin: Manchester synagogue attack aftermath, stocks close higher

      October 5, 2025
    • Evening digest: Trump sets deadline for Hamas, Canada’s slowdown, BTC rebounds

      October 5, 2025
    • Iran executes six people for alleged links to Israel, state media reports

      October 5, 2025
    • US digest: Trump’s Hamas ultimatum, government shutdown stalemate continues

      October 5, 2025
    • Japanese stocks may extend record run as Takaichi win revives ‘Abenomics’

      October 5, 2025

    Categories

    • Business (4,191)
    • Investing (2,958)
    • Latest News (2,080)
    • Politics (1,536)
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: americaninvesthub.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 americaninvesthub.com | All Rights Reserved