Mining exploration is a notoriously capital intensive sector. Because companies typically generate no or little revenue, they must go to the capital markets with the lure of creating the next big economic discovery.
Equity Financing in the Mining Exploration Sector
Gates Capital Management's ECF Value Funds have a fantastic track record. The funds (full-name Excess Cash Flow Value Funds), which invest in an event-driven equity and credit strategy, have produced a 12.6% annualised return over the past 26 years. The funds added 7.7% overall in the second half of 2022, outperforming the 3.4% return for Read More