How Much Trouble Are Gold Stocks In?

The gold mining space is facing a major cash crunch, and besides waiting for the price of gold to alleviate pain, the key to survival may be to look at the senior producers who are managing costs efficiently, this according to Cal Everett, CEO of Liberty Gold. “The sale side of the industry is still fractured. So if you wake up in the morning and look at the volumes on 50 or 100 juniors, 20 of them won’t even trade for an hour and a half. That’s the nature of the market, but there’s volume on the big producers,” Everett told Kitco News on the sidelines of the 121 Mining Investment conference in New York. _________________________________________________________________ Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions. Subscribe to our channel to stay up to date on the latest insights moving the metals markets. For more breaking news, visit http://www.kitco.com/ Follow us on social media: Facebook - https://www.facebook.com/KitcoNews/?r... Twitter -   / kitconewsnow   Google+: https://plus.google.com/u/0/116266490... StockTwits - https://stocktwits.com/kitconews Live gold price and charts: http://www.kitco.com/gold-price-today... Live silver price and charts: http://www.kitco.com/silver-price-tod... Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscriptio... Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/ Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.