Gianni Kovacevic Likes ‘Green’ Commodities
Resource Investing News was able to chat with Gianni Kovacevic, a speaker at Cambridge House International’s 2015 Vancouver Resource Investment Conference, about his outlook for the copper market. Kovacevic, chairman of Copperbank Resources, authored the book My Electrician Drives a Porsche? last year.
Resource Investing News was able to chat with Gianni Kovacevic, a speaker at Cambridge House International’s 2015 Vancouver Resource Investment Conference, about his outlook for the copper market.
Kovacevic, chairman of Copperbank Resources (CSE:CBK), authored the book My Electrician Drives a Porsche? last year. Written as a novel, the book follows the story of a young electrician who teaches his family doctor about the importance of copper and investing in commodities. Kovacevic spoke on that subject at the conference, and also participated in the popular Future Commodity Outlook Panel.
The speaker reiterated that he is “very positive” on the outlook for copper and gave some more insight into what he sees driving the long-term outlook for the red metal. Specifically, he pointed out that despite fears of a slowdown in economic growth from China, the state power grid recently announced an investment of over $67 billion in electrical infrastructure, which, of course, will require a whole lot of copper.
In terms of other commodities he’s interested in, Kovacevic mentioned platinum and palladium. “I like any kind of commodity that is considered ‘green,’” he said, alluding to the use of platinum-group metals in catalytic converters for vehicles. In that vein, he pointed to Yukon-focused Wellgreen Platinum (TSX:WG) — a company that he’s invested in — as one that could be an “interesting opportunity.”
Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
Related reading:
VRIC 2015 Commodities Outlook: Bullish on Gold
Don’t Get Hung Up on Short-term Copper Prices: Lawrence Roulston