At this year’s Prospectors and Developers Association of Canada conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.
At this year’s Prospectors and Developers Association of Canada (PDAC) conference, Investing News Network spoke with Mercenary Geologist Mickey Fulp, who is hopefully optimistic in today’s resource market.
Since the beginning of 2014, the resource market has been making some positive moves, bringing with it a renewed sense of optimism in market performance. Fulp sees the current trend as not a broad-based rally, but as the best junior resource companies, the “cream of the crop,” making gains while the rest of the market struggles to regain its bearings.
When asked what investors should be looking for with the current selection of junior resource companies, Fulp listed good share structure, management with successful experience in this business, a good project and, finally, some cash in the bank.
In this interview, Fulp also provides some insight on two companies he sees as good buys in today’s market, Energy Fuels (TSX:EFR) and Avrupa Minerals (TSXV:AVU).