John Kaiser says junior resource stocks face their best setup in more than a decade as gold resets higher and the West scrambles to secure supplies of critical minerals.
A 12-13-year bear market that began in late 2011 nearly wiped out Canada’s junior resource sector, said Kaiser, founder of Kaiser Research. But the turn began in mid-2024 when gold producers finally started to respond to a bullion rally that began in February 2024.
“This is a fundamental reset for the price of gold,” Kaiser told The Northern Miner at the PDAC convention in Toronto. “That’s why I think we’re on the threshold of the mother of all resource junior bull markets.”
His call comes as financing activity in the sector reaches record levels and daily trading in resource listings on the TSX Venture Exchange climbs to about C$200 million ($146 million), though Kaiser said the advance still rests on a narrow group of companies and has yet to broaden into a full frothy market.
Watch the full interview below:
Be the first to comment on "PDAC Video: Gold price reset preps ‘Mother of all junior bull markets’"