What Does Gold’s Drop Mean For Miners? François Perron

Summary: How is the big price drop in gold going to affect gold miners? Francois Perron, Pres & CEO of QMX Gold Corporation, provides some insight in this interview. While he says volatility is not a surprise, the quick, sharp decrease was. However, he says we could see a slowdown in newer projects and capital investments. Miners will adjust how they manage their capital and focus more on cash flow. In the long term though, Perron remains bullish on gold since the underlying factors like deficits and monetizing debt have not slowed. Read more…