Rick Mark of Harvest Gold Corp, isn’t fazed at all by gold’s recent decline. The industry has changed drastically over the past decade. The Majors no longer have the expertise or desire to engage in exploration and discovery. Therefore, they’ve delegated that function to the Juniors and at the appropriate time they’ve been known to swoop down and acquire solid candidates. The Majors have been living off their reserves for too long. If they want to stay in the business, they’re going to have to step up their pace of acquisitions and companies like Harvest Gold will be among the first to pop up on their radar screens. With a first-rate property and Evrim Resources handling the drilling chores, Rick has hit upon a virtually no-lose business model for the future. Overhead is kept to an absolute minimum, so nearly all funds raised can go to drilling. It’s a formula that’s sure to be emulated by many once word gets out about its potential.
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