Interview The Gold Report and Bottomfisher John Kaiser TGR: What's another explorer that's exciting?
JK: The Hunter Dickinson Group has a company in its stable focused on British Columbia exploration: Amarc Resources Ltd. (AHR:TSX.V; AXREF.OB:OTCBB). It appears to have made a significant copper-moly-silver porphyry discovery on its IKE project. The news received very little response from the market when it was published in November. However, it is probably the beginning of a major new copper porphyry play in British Columbia. Delineation should start in June. That gives the company time to raise money and wait for market conditions to improve.
TGR: Does being part of the Hunter Dickinson Group mean Amarc has more resources to move forward?
JK: Historically, Hunter Dickinson has been able to raise money from a wide range of institutional sources. The flagship is Northern Dynasty Minerals (NDM:TSX; NAK:NYSE.MKT) with the Pebble project, which is bogged down in the environmental opposition to developing a copper mine in the watershed of the salmon fishery. Plus, copper prices are a little bit weak at the moment, with a debate evolving as to whether the projected surplus will indeed be a surplus in the next couple of years, and keep pressure on the metal price. On the other hand, there's some suggestion that a lot of the copper mines that were supposed to come onstream will not happen because of various geopolitical and social license issues and that, in fact, copper may surprise us on the upside in 2015. But until that happens Amarc may have a hard time tapping institutional capital for IKE. How Hunter Dickinson goes about funding an aggressive program in 2015 without hideous dilution bears watching very closely.
Full Interview at :
https://www.theaureport.com/pub/na/the-four-exploration-companies-bottomfisher-john-kaiser-thinks-could-get-gold-investors-excited-again