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Notes on gold, geology, and responsible exploration

Plain-language explainers and research on the things that shape an exploration story — from valuing explorers to the geology of the Abitibi.

InvestingFebruary 12, 2024·6 min read

How to value a gold explorer

Explorers rarely have earnings or even a resource, so traditional multiples fall flat. Here is a practical framework for weighing an early-stage gold story.

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