(Kitco News) – Known as a fan favorite, the Expert Series brings together well-known investors and Kitco regulars to find out where they will be putting their money in 2018.
This year, in a new twist to the feature Kitco News has asked some of the most influential mining sector newsletter writers how they would invest $100K in the mining sector.
While the mining sector has struggled to maintain momentum, 2017 has been anything but boring with new assets like cryptocurrencies making waves in financial markets. What does 2018 have in store? Check out what the mining experts have to say! Experts: Brent Cook & Joe Mazumdar – Claim to Fame: creator and co-editor of Exploration Insights
1. How would you invest $100k in the mining sector in 2018?
We will continue to invest in junior mining companies whose upside potential is underpinned by exploration success. Given the a dearth of quality, high margin projects held by major and mid-tier producers, our focus will be on early stage exploration projects seeking these projects.
This is especially true in the gold sector where the gold price is range bound with a strong resistance level at US$1,300 per ounce and marginal resources are the norm. Given the poor financing environment for non-cash flowing junior explorers, we will have a certain portion of our portfolio invested in active prospect generators that are signing deals with major producers who are ‘running to stand still’ with respect to their reserve and production growth opportunities.
For the rest of this article: http://www.kitco.com/news/2017-12-29/These-Are-The-3-Companies-Brent-Cook-Likes-In-2018.html