'You can't hold an industry down that has such pent-up demand' - NexGold's Morgan Lekstrom
Rising gold demand will favor development companies, said Morgan Lekstrom, president and director, NexGold.
On Thursday Lekstrom spoke to Kitco Mining. He was in the studio on the same day NexGold Mining Corp. (TSXV: NEXG) and Signal Gold Inc. (TSX:SGNL) announced plans to merge. Joining the companies will combine two assets: NexGold's Goliath, located in Ontario, and Signal Gold's asset in Nova Scotia. Goliath is currently undergoing provincial permitting and is expected to receive approvals next year. Construction is estimated to start in 2026.
Signal's Goldboro project in Nova Scotia has…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.