Barron’s: A Golden Opportunity for Two Small-Cap Miners
Joe Foster, Portfolio Manager, Gold Strategy
June 24, 2020
A merger of equals can enhance the strengths of both companies. If recent history is an indication, the merger of two small-cap miners, SSR Mining and Alacer Gold, may reward the new combined company with a higher valuation than either company could have achieved on its own. In this Barron’s article, Joe Foster, Portfolio Manager for VanEck’s Gold Strategy, offers his opinion on the pending merger as well as his thoughts on the price of gold over the next 12 months.
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