Thursday, March 3, 2016

David Morgans Top Reason for Being Bullish on Silver


Those interested in silver know that for market insight and advice they need look no further than David Morgan. As publisher of The Morgan Report he's a fixture at industry events, and much sought after as a commentator on silver and the resource space as a whole.

Morgan caught up with the Investing News Network at last week's Vancouver Resource Investment Conference (VRIC), and while he did share some insight on silver (such as his number one reason for being bullish on the metal), he also spent some time talking about his new venture: Lemuria Royalties.

As yet few details have been released about Lemuria, but Morgan was able to talk a little about why he chose now to get into the royalties business and how the company will work. And for those skeptical that he'll be successful in this new venture, he had this to say: "I'm very close to a lot of the mining projects. I know the ones that need financing, and I know the ones that have very strong positions in the metals space ... and we can help them by giving them the money they need to advance their projects."