Learn about an incredible opportunity:
Keith Neumeyer on a once-in-a-lifetime opportunity.
9 months ago, New Gold purchased Probe Mines for $361 million, paying $83 per ounce of gold acquired. Last February, Centerra Gold paid $47 an ounce of gold when they bought Premier Gold for $355 million.
Keith Neumeyer, founder of First Quantum Minerals and First Majestic Silver, two companies that achieved the billion-dollar market cap club, recently launched a new company, First Mining Finance (TSXV: FF).
Less than 6 months old, this tiny 30-cent-a-share company has recently announced the acquisition of millions of ounces of gold, bought for between $5.79 and $8.26 per ounce of gold.
This comes off the heels of a recently closed transaction, where FF paid less than $9 an ounce when they completed a hostile takeover of Coastal Gold.
We interviewed Keith Neumeyer, a recent winner of the Entrepreneur of the Year Award for Metals and Mining, to discuss the current opportunities he is seeing right now.
Mr. Neumeyer, also the current CEO of First Majestic Silver, one of the world’s lowest-cost primary silver producers, told us that the silver market is tight, and he believes the world will soon see triple-digit silver.
When it comes to the opportunity to buy assets cheaply, he said this is a once-in-a-lifetime opportunity for investors. He used to say once-in-a-decade opportunity, but the bear market has now helped him secure deals for gold at sub-$10 an ounce, shocking a lot of seasoned investors, making this potentially one of the best times ever to invest in the resource sector.
This is a must-listen-to interview.