Jan. 25, 2018 04:40PM PSTPrecious Metals
Brent Cook and Joe Mazumdar of Exploration Insights talk about the junior resource space, exploration and their current top stock picks.
Speaking with the Investing News Network at this year’s Vancouver Resource Investment Conference, Brent Cook and Joe Mazumdar, co-editors of Exploration Insights, shared their thoughts on the exploration sector, what to look for in juniors and their top stock picks.
Although exploration has declined in recent years, Cook believes there will be more activity from majors in 2018 and 2019.
“Majors have cut their exploration budgets, but their reserves have not increased, so right now they are looking more and more into investing in junior explorers that fit their criteria,” he explained.
For his part, Mazumdar said it’s always a good time to invest in exploration companies, “as long as you pick the right play at the right moment.” Cook added, “what we are after is the same thing majors are after — a large, high-margin deposit; we want a system that is big enough to produce the result we want.”
Watch the video above to learn more about their thoughts on gold, base metals and their top stock picks. The transcript for this interview will be added shortly.
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Securities Disclosure: I, Priscila Barrera, 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.