Capitalizing on Gold Producers' Vaulting free cash flows: Example: K92 Mining
Mid Tier gold/silver producers are my preferred candidates for 'cherry picking' the gold stock sector. First up, look at K92 Mining who just announced record production for 2024 Q4 37% above 2023 Q4
As the graphic below from David Finch shows, for a long time, in aggregate, the gold mining industry as a whole has ”only been only moving in & out of marginally positive and negative free cash flow”. This is one reason why well known investors like Rick Rule suggest “don’t own the sector, cherry pick the stocks”.
Another interesting comment from Dav…
Keep reading with a 7-day free trial
Subscribe to Resourceful Insights to keep reading this post and get 7 days of free access to the full post archives.