Not exact matches
PwC quoted Barkerville Gold Mines TSXV: BGM CFO Andres Tinajero saying, «Even though there are a lot of
resources flowing around in
terms of funding for the
juniors, they're not spending the money as fast as before.
This once again illustrates just how high / numerous the hurdles are for investors looking for long
term success in
junior resource stocks.
Yes, and most other
junior resource stocks have just as sexy a story to tell — except their long -
term charts (if they've survived that long) usually tell a v different, much uglier story.
The Venture Exchange includes companies too small in
terms of assets and market capitalization to be listed on the Toronto Stock Exchange, and as a result has historically been dominated by
resource exploration and
junior mining companies.
But if some form of longer -
term payout is the only way to get needed
resources allocated to such new programs, it is in the interests of more
junior stakeholders to go along with it.
When they're just trying to figure out if they have a potential economic project or not, to at that point be diverting a lot of money which could be used in
terms of delineating the asset and figuring out what the
resources are — that's going to be particularly difficult for a
junior mining company.»