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PDAC 2016 Reflects Optimism in Gold Exploration

My take on this year’s show:

Interest in both Exhibitors and Investors convention halls was active, excellent on the Investors side. I was really impressed by the high level of activity in the Investors hall during all four days of the convention. This is where I make many of my contacts.

While much interest focused on gold, the level of interest in silver and platinum was reported to be significantly up. Interest in copper trails.

PDAC_20160306_Booth
At this part of the mining cycle, this is prime time for picking up prime properties at very attractive prices for those looking forward. The forward view for the next 5 to 10 years is driving optimism. Those attending this year’s PDAC are serious players in mining exploration.

PDAC_20160308_112323 Gold

This was one headline news item:

“Optimism and opportunity abounded at the PDAC 2016 Convention of The Prospectors & Developers Association of Canada in spite of recent industry challenges, indicating a positive shift in sentiment amongst the industry’s key players. A clear sense of industry confidence was evident as more than 22,000 attendees from more than 100 countries gathered…”

The attendance figure (total of individual day counts over the four-day convention) is notable. Several years ago attendance was around 27,000.

I attach this picture to let you know that Zonge finds gold wherever it can be found!!

Van Reed, Zonge International