Jim Rogers appointed director of Canadian gold junior
Investment funds Liberty Asset Management, Royce and Associates, and Brick Capital have all recently taken positions in the company
On April 17, 2012, a press release was issued by advanced junior gold exploration company, Spanish Mountain Gold (TSX: V.SPA, Stock Forum). It indicated the appointment of a new director to the company, namely, famed commodities investor, Jim Rogers. Up until that date, it was this author's understanding that Rogers carried a disinterest toward mining company concerns, instead opting to invest in physical commodities themselves. Why would Jim Rogers become involved with a small gold exploration company, and why Spanish Mountain Gold? Is there a merit to the company that he has identified ahead of other investors? In the process of answering these questions, I found myself speaking directly with Jim Rogers himself, as well as a grapevine of legendary investors of the last century, all of whom have been quietly building structural connections to and within, Spanish Mountain Gold.
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