Junior Miners: i-80 Gold's Complex Success
Lots of moving parts, all of which look great -- so far
With a typical early-stage gold/silver miner, the story is pretty simple. They’re exploring and/or mining one or two deposits, operating (maybe) a single mill, and their investors are betting on that small set of things working out to produce free cash flow.
But some miners come out of the gate with a higher number of moving parts, which creates both more upside potential and greater risk of growing pains. Here’s one that’s a bit of an analytical challenge but — if all goes as planned — a potential 10-bagger.