The Gold Market: M&A, stock moves, and the overall direction
I apologize for the poor recording quality… The connection was not the best and after some editing this is the best quality we could come up with.
Marshall Berol joins Cory today to provide his outlook on the overall gold market in terms of a bull or bear market, current M&A activity and recent moves in stocks. Marshal has been around the resource market for a number of years at one time running a fund that invested in resource stocks. With a look back at how other bull markets have formed we look to where the opportunities are currently.
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Slightly off subject. Rye patch up almost 22% today. No news as to why.
Dai Uy: Tony thinks they are just posturing the price before they arrange the upcoming financing, although my money’s on a prospective takeover! RP now up 25%. Best, A
Immediate explanation for price rise is that Rye has scooped up Florida Canyon for $15 million; Canyon’s Japanese owners having run into debt.
Interesting interview Cory, thanks.