Gold’s rally will revive the junior mining market, according to Brent Cook of Exploration Insights. “We’ve seen some major moves and there are some fundamental reasons behind that move in the gold price that I think are set to continue,” he said.
Junior mining companies will be benefiting the most in the long term, he said, as mid-tier and major mining companies will look to juniors for more resources and “the potential for major discoveries.”
Cook said he prefers the mining space over the physical metal, particularly favoring mid-tier and junior exploration companies.
__
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit
Follow us on social media:
Facebook -
Twitter -
Google+:
StockTwits -
Live gold price and charts:
Live silver price and charts:
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week:
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors:
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.
0 Comments