Challenges Facing Precious Metals Mining Companies

In this podcast from the Korelin Economics Report, Cory, Chad, and Jeff Christian from CPM Group discuss the supply and demand situation for precious metals, including silver and gold. While some precious metals bulls are claiming a silver supply crunch, Christian states that major mining companies are not worried about running out of silver reserves and resources. They are concerned with maintaining and adding to their silver reserve base to keep their companies growing and appease investors. The discussion also touches on the interplay between silver reserves and resources, with the silver price having a significant impact on reserve calculations.

The conversation moves on to the Comex and its role in setting the silver and gold prices. 

They also discuss silver and gold mining and the importance of discovering new gold and silver ore deposits to keep up with demand.

Lastly, the discussion touches on silver and gold stock prices, and the trend of majors funding juniors in earning agreements and JV agreements for certain projects.

The podcast provides a comprehensive overview of the current state of the silver and gold markets and the factors that are driving silver and gold prices.

Originally posted here.

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