Chris Mancini, CFA on Business News Network - June 30, 2015


Gold streamers are out, producers are in

June 30, 2015 - 7:17 minutes

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Chris Mancini is a Research Analyst for Gabelli Gold Fund.

The above webcast is an excerpt from a Business News Network broadcast that aired on June 30, 2015. The webcast is made available by Business News Network and is provided on GAMCO's website for your convenience only.

GAMCO is providing these links as a matter of general information. We do not intend for these links to be a complete description of any security or company and it is not an offer or solicitation to buy or sell any security, nor is it a research report with respect to any of the companies mentioned herein.

As of June 30, 2015, affiliates of GAMCO Investors, Inc. owned 1.58% of Randgold Resources Ltd., 1.07% of Agnico Eagle Mines Ltd., and less than 1% of El Dorado Gold. The Gabelli Gold Fund owned 320,900 shares of Randgold Resources Ltd. (representing 11.79% of the fund), 502,433 shares of Agnico Eagle Mines Ltd. (7.82% of the fund) and 1,198,333 shares of El Dorado Gold (2.7% of the fund). These securities are not necessarily reflective of the entire portfolio.

Investments related to gold and other precious metals and minerals are considered speculative. The Fund may be subject to significant volatility and investors may experience substantial loss of value in a short period. Investing in foreign securities involves risks not ordinarily associated with investment in domestic issues. Fund's concentrating in specific sectors may experience greater fluctuations in value than funds that are more diversified.

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