In his capacity of CEO of Tigris, he headed the transaction team for Silver Opportunity Partners in its acquisition of Idahos historic Sunshine Mine.
Last month Kaplan’s commodity investment fund went public with Gatos Silver (NYSE: GATO, TSX: GATO) with its producing Cerro Los Gatos Mine in Northern Mexico. Electrum invests primarily in the natural resources sector with an emphasis on precious metals. In an exclusive interview with Kitco News, the CEO of The Electrum Group says that he is now back in silver after going public with a new silver mine in Mexico. “We believe we’re in the early stages of a gold bubble," says Natbony. The Electrum Group, LLC, a private investment firm founded in 2012. "We view these (for example NovaGold, and another company Electrum invests in, Gabriel) as comparable to long-term calls on gold," says Natbony, "There’s no necessary upkeep, no significant overhead cost to maintain the positions - They give us the opportunity to capitalize on what is going to be unfolding in gold, which is an enormous appreciation in the value of gold as gold’s currency value is realized."Įlectrum's strategy is betting that the values of the exploration companies will increase as the price of gold drives higher.
But just holding the property costs relatively little. Once they've found it, actually extracting the gold can cost billions of dollars. Surface indications are most often more subtle."Ī second strategy Electrum pursues is to invest in companies that do the exploring themselves, like Novagold. For example, "it would be nice if you found gold popping out of the ground, or you found a silver or copper vein that was sheared off in an earthquake or one on the side of a cliff, but those are rare. "We look for surface anomalies that suggest there is gold." he says. One of the strategies pursued by the Electrum Group is to send geologists out on exploration missions to find properties that they think will yield gold (and other metals). "And at that time, he started putting together the first building blocks of the Electrum Group." This summary is composed by our algorithm based on the analysis of the deals. Alchemy House Now Leasing for Fall 2023 An amazing, expansive 1-bedroom unit in the heart of Downtown Champaign. Kaplan reached the conclusion that gold was at the very very early stages of a major bull market," Natbony explains. Save this fund for later to form your own custom list of funds. One of those, the Electrum Group, focuses almost entirely on a unique strategy for investing in gold that is much more interesting than buying gold itself. Account icon An icon in the shape of a person's head and shoulders.
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