Mining Markets spoke with Eric Coffin, editor of HRA Advisories, at the Toronto Resource Investment conference in September. Coffin explained why he’s focusing on discovery stories, and what effect the U.S. Federal Reserve Board’s…
Yesterday we looked at five junior mining companies that are out there exploring, and have ample money to deliver. Today’s list focuses on companies with even more cash in the treasury and exposure to potential discovery.
It takes money to make a discovery, something that’s still in short supply for most juniors. But exploration success offers tremendous share price upside — especially since so few companies are actively engaged in mineral exploration.
A year after SilverCrest Mines (SVL-T, SVLC-X) posted an initial resource for its La Joya project, in Mexico’s Durango state, of 100 million silver-equivalent oz., the company has managed to nearly double resources to 198.6 million oz.