Agnico Eagle CEO Focused on M&A, Sees ‘Healthy Skepticism’ In Gold

from Kitco NEWS

Kitco News continues coverage of the BMO Metals & Mining Conference with Alnico Eagle’s CEO Sean Boyd, who says he sees significant changes in the gold market taking place. ‘We were in a market where paper market was dominant. No one was focused on what was happening in the physical markets,’ he told Daniela Cambone in Hollywood, Florida. ‘[But] a lot of smart money is turning into gold.’ Boyd said he sees prices moving $200-300 higher over the next two years or so. Looking at Alnico’s plans for 2016, Boyd said he will be focused on exploration and will be looking for merger and acquisition opportunities, particularly in the junior space. Kitco News, March 2, 2016.