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High Gold Prices Raise Old Mines 2011
6:05 AM
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mines,gold,silver,oil,gazz,coal,prices,market,asia, europa,america,africa
Dramatic rises in metals prices over the past 2 years could bring 10 or more past-producing mining camps back to life. In this Gold Report exclusive, MineralFields Group's Engineer and Investment Analyst Ron Wortel shares how he finds promising gold juniors working these mines and structures tax-advantaged, flow-through investments to finance Canadian resource development.
Ron Wortel: MineralFields was founded 10 years ago and just recently surpassed the $1-billion mark raised from our Canadian investors looking for substantial income tax breaks, along with the ability to enjoy absolute returns on the flow-through investments we offer them. MineralFields is the most consistent, top-performing fund among the flow-through limited partnerships. We have a unique, multilayered due diligence team that includes two senior mining analysts, of which I'm one, a senior technical analyst, two great portfolio managers, an in-house legal team and an association with the geological consulting firm of Watts, Griffis & McOuat Ltd. ...more
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