Major gold miners can’t hack it right now.
Bloated from over-investment in declining assets, even high gold prices can’t save the big firms from losing value.
In fact, Goldcorp Inc. Chairman Ian Tefler has said we’ve reached “peak gold,” with years of growth finally stalling for the big miners.
So to balance out, they’re looking to snap up
This means there could be big gains coming from little firms with fresh assets just waiting for new capital.
Small gold-miners and gold ETFs are booming right now.
And there’s one little company in West Africa that appears ready to break out.