Small miners about to make big gains: Rob McEwen

Gold companies listed on the Venture and Toronto Stock Exchange with a market value of less than $2 billion have climbed on average 247 per cent this year

The largest shareholder in $1.69 billion McEwen Mining Inc., is betting his company and other smaller competitors will reap more gains from the next commodities upswing than debt-laden behemoths dominating the industry.

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That trend has already begun. Gold companies listed on the Venture and Toronto Stock Exchange with a market value of less than $2 billion have climbed on average 247 per cent this year, while their larger peers are up 125 per cent, according to data compiled by Bloomberg.

Read the full article at: business.financialpost.com