Mining Executive Bruce Bragagnolo: “Gold Will Be The Best Busines
Mining Executive Bruce Bragagnolo: “Gold Will Be The Best Business On The Planet; It’s The Only Thing That Works”
What Bruce is doing right now in this market, is closely watching the price of gold, and ”constantly scanning” the marketplace for acquisition targets.
I had the chance yesterday to speak with gold mining executive and co-founder of Timmins Gold, Bruce Bragagnolo. It was a fascinating conversation, as Bruce has raised $85 million dollars up to 4 years ago to grow what is now, a near $450 million dollar gold producing company.
On the acquisition side he said, “It’s a fear market not a greed market right now. If you look at some of the charts out there, the companies are trading as if gold was under $1000. Relative to the price of gold, these companies are way undervalued, [however], you have to be patient, you have to be gauging the market, and you have to be watching the marketplace all the time.
You must be constantly scanning.”
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