Teresa Matich interviewed Brent Cook of Exploration Insights on his thoughts on some of the mining companies he follows and what he is expecting from the mining and metals markets in 2016.
Overall, Cook was fairly optimistic, stating that he thinks 2016 will be alright, but that we are positioning ourselves for the up part of the mining boom and bust cycle. We are now into the bust, and he thinks it is going to get better, so he is actually positive for this year. He thinks we will end the year somewhat higher than we began, he said.
In terms of specific commodities, he is more positive on gold than on any other metal. He does not see a big jump in gold prices this year unless something unexpected happens during the upcoming U.S. elections ... meaning Trump or Sanders is elected.
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, Reservoir Minerals, and Mariana Resources...among others.
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