Multibillion-dollar capital expenditures for precious metals projects have gone the way of the dinosaur, says Ash Guglani. In this interview, he delivers a report card for eight gold and silver companies, with the highest grades going to those that have kept down costs.
The publisher of the Colombia Gold Letter has invaluable first-hand knowledge of the exploration scene there. He says juniors still have to navigate through an as-yet-untested permitting process. Once the first junior does that, the floodgates will open up.
Exploration Insights president, CEO, publisher and author, suggests that those who postpone buying decisions for too long risk missing the boat on some real "gems." He advises investors to evaluate potential juniors the same way the majors do.