Gold Price Not A Problem For Miners – Corvus CEO

As gold hovers around $1,200 an ounce, one CEO says that higher prices are not necessary to sustain good mining projects, but may be needed to bring back investor sentiment.

“In my perspective, $1,200 gold is a good price…our project performs well at $1,000 gold, so I don’t see gold price as a problem. It may be a problem for investors to get their sentiment back into the gold sector and say hey, I want to be involved, this is a commodity that’s going up,” Jeff Pontius, CEO of Corvus Gold, told Kitco News on the sidelines of the of the 2018 Precious Metals Summit in Beaver Creek.

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