The drillers dozen

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Research Capital, an integrated investment dealer reports new discoveries in the resource sector over last few years. Given the expected decreases in exploration expenditure through 2009, we feel that it is instructive to look back on the last down cycle post Bre-X and examine the resulting shortage of high quality projects when the market recovered. We …

Research Capital, an integrated investment dealer reports new discoveries in the resource sector over last few years.

Given the expected decreases in exploration expenditure through 2009, we feel that it is instructive to look back on the last down cycle post Bre-X and examine the resulting shortage of high quality projects when the market recovered. We also look briefly at the companies that benefited from acquiring assets during this period at a deep discount.

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