Brent Cook of Exploration Insights shares his thoughts on some of the companies he follows and what he’s expecting from the mining and metals markets next year.
Brent Cook of Exploration Insights spoke to the Investing News Network at this year’s Vancouver Resource Investment Conference about what he expects from the mining and metals markets over the coming year. Overall, Cook was fairly optimistic, stating that he thinks 2016 will be “alright,” but that we’re “setting ourselves up for the up part of the mining boom and bust cycle.”
“We’re into the bust, and I think it’s going to get better, so I’m actually positive this year. I think we’ll end the year somewhat higher than we began,” he said.
In terms of specific commodities, he’s more positive on gold than on any other metal. “I like gold a little bit better than base metals right now,” he said. “I think gold stands a better chance of doing well this year given what I see out there.” However, he doesn’t see a big jump in gold prices this year unless something unexpected happens during the upcoming US elections.
The conversation also covered:
- Which junior exploration and mining companies have done the best job of weathering the bear market so far.
- An update on his thoughts on Mirasol Resources (TSXV:MRZ), Reservoir Minerals (TSXV:RMC) and Mariana Resources (LSE:MARL).
- Where he’s found some of the other new discoveries he’s interested in.
Watch the video above for more of what Cook had to say, and don’t forget to check out our overview of his Q&A on junior mining stocks with Joe Mazumdar.
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.
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