The second half of this gold bull market is going to be exceptional. Here’s why…
Rob explains his rather unconventional entrance into mining. He ended up purchasing two companies through a takeover bid, which later became a string of companies. Eventually, this led to the creation of Goldcorp and the exploration of Red Lake, which became a significant gold discovery. After restructuring the company and bringing the mine back online they increase production by ten times while dramatically lowering the cost per ounce. He predicts that the next half of the gold bull market will be exceptional and discusses some of his current ventures.
Time Stamp References: 1:00 – Building a gold company.
2:00 – Beginning of Goldcorp.
3:00 – Labor troubles and renovations.
5:00 – Massive production improvements.
7:00 – Gold segment ignored by public and media
9:30 – Time to put some money into gold.
10:00 – McEwen Mining activities.
12:30 – Not taking a salary.
13:15 – Regulators and accounting conventions.