Joe Mazumdar, Editor of Exploration Insights joins us to discuss the state of the markets for resource stocks, focused on the exploration to development stage companies.
We start by discussing the financing environment which has remained very difficult for companies the majority of this year. We ask Joe how he thinks development plays should finance to keep existing shareholders happy and not give away the future of the company. He also shares how he is managing his portfolio of exploration stocks considering how important capital is at this time. We also discuss optionality plays, where the asset is marginal at today’s prices and cost environment.