A lack of investor sentiment in the gold space can be remedied with more greedy speculators, said Derek Macpherson, VP of Mining Analysis, Red Cloud Klondike Strike Inc.
“Greed comes from big share price performance, when you have exploration holes, and when stocks get taken out, and that’s what gets people excited about junior mining,” Macpherson told Kitco News on the sidelines of the Precious Metals Summit in Beaver Creek.
“People don’t invest in junior mining to make 100% of their money, they do it for the opportunity to make 1000%,” he added.
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