Rob McEwen Interview Highlights

Rob McEwen Interview Highlights
(July 4th, 2011)

  • updates on US Gold and Minera Andes merger, vote likely in October 2011
  • he believes a lift from $1.5 to 2 billion is possible for a company with development and production
  • notes he needs a $5 billion market by 2015 to get his S+P listing
  • gold will eventually climb the wall price wise.
  • we’re far from the state where people have to have gold
  • says we’re at 1% of portfolio’s in gold and could get to 5% at the peak.
  • believes the ETF’s have taken away from the miners, thinks its taken away up to 50%
  • see’s $5000 gold in 3-4 years
  • Barrick was trading at 2.2 X NAV before ETFs, now at 1.1 X NAV
  • the ETFs don’t have the risks that the miners have

See interview links:
– part #1: here
– part #2: here

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