Brent Cook: Know the Difference Between a Legitimate Discovery and One That’s ‘Just Not Going to Work’
At VRIC, Resource Investing News spoke with Brent Cook of Exploration Insights about the gold space and a few companies he thinks could be worth a look. An independent exploration analyst and seasoned geologist, Cook participated in the 2015 exploration forecast panel at the conference and also gave a keynote presentation to a packed hall of attendees.
At Cambridge House International’s 2015 Vancouver Resource Investment Conference, Resource Investing News spoke with Brent Cook of Exploration Insights about the gold space and a few companies he thinks could be worth a look. An independent exploration analyst and seasoned geologist, Cook participated in the 2015 exploration forecast panel at the conference and also gave a keynote presentation to a packed hall of attendees.
He spoke about a number of subjects, including peak gold and what the future holds for the gold price (he believes “we’ve seen a floor in the gold price”). In terms of what it takes to find a good gold deposit, Cook said that it takes “a lot of money, a lot of time [and] a lot of patience” to find a gold deposit that is actually economic. He stressed that it’s important for investors to be able “to differentiate between a legitimate discovery and something that’s just not going to work as quickly as possible.”
Cook also gave some insight into Osisko Gold Royalties (TSX:OR) — set to merge with Virginia Mines (TSX:VGQ) — noting that it’s a stock that he could see himself giving to his children. Finally, he pointed to Mirasol Resources (TSXV:MRZ) — which he owns shares in — as a junior he’s watching right now.
Watch the video below for more of what Cook had to say.
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.
For more information and disclosures from Cook regarding the companies mentioned here, please him via his website, Exploration Insights.
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