Axel Merk - A Precious Metals Fund Fighting Off An Activist Investor, What It Means For The Funding Environment For Junior Stocks
Axel Merk, President and CIO of Merk Investments and Manager of the ASA Precious Metals Fund joins us to discuss the activist investor going after the ASA Fund and how this relates to the funding environment for junior resource stocks. We have heard for years how difficult it has been for junior companies to raise money. Major miners have consolidated and are focused on disposing of assets rather than acquiring juniors, exchanges have made it tougher for investors outside of Canada to fund companies, and costs continue to rise. All of of these factors build on themselves and put pressure on junior companies to do the work needed to discovery and grow assets.
Axel shares his insights on where money could come from and what he focuses on when investing and funding junior exploration companies.
Click here to visit the ASA website to learn more about the fund.