Video – The Ring of Fire: an abundance of metals, few juniors

The Ontario government says the Ring of Fire is a transformative opportunity for unlocking multi-generational development of critical minerals and has committed $1 billion to build out the Ring of Fire.

Curiously though this new play involves mostly major and mid-tier mining firms rather than junior resource companies. It’s hard to invest directly into the ROF because the exposure is mostly to large, diversified mining firms.

Junior resource companies operating in the area are scarce, therefore direct entry vehicles to obtain maximum leverage are scarce.