Mining’s old guard needs strong medicine
A new report details subpar investor returns in the mining industry over the last decade, particularly big cap diversified companies which have not adapted to new realities.
The TSX Venture is up 30% for the year and this is literally just the beginning. According to one prominent fund manager, we are only mid-way through the first inning.
So just how high can we go?
We charted the TSX Venture market cap all back to 2002, and let’s just say it’s going to be a fun ride. You are going to want to see this chart!
Also released on Palisade Research this week:
Featured Investment: Excelsior Mining (TSXV:MIN) – Matt Geiger
This write-up has been provided by resource fund manager, Matt Geiger, a frequent contributor to Palisade Research. A deep value investor, Matt outlines his investment thesis on advanced-stage copper developer, Excelsior Mining, and why the current risk is worth the investment.
Suncor (SU) Consolidating Canada’s Oil Sands – Omar Mawji
As the For McMurray fires continue to rage, energy analyst, Omar Mawji, weighs in on the King of Canada’s Oil Sands, Suncor Energy, and its quest to control the third largest oil reserve in the world.
John Hathaway: $1.3B Fund Manager: Silver Is A Barometer For Resource Interest And Its Registering ZERO – Interview Transcript
Tocqueville Gold Fund manager, John Hathaway, is convinced the gold bottom is behind us, and uses silver as a leading indicator of investor sentiment. Silver is currently lagging gold, meaning the mainstream is still far from being on board. Which is good for us as the bull market still has a long way to run.
The information contained in such publications is not intended as individual investment advice and is not designed to meet your personal financial situation. Information contained in this report is obtained from sources we believe to be reliable, but its accuracy cannot be guaranteed. The opinions expressed in this report are those of Palisade Global Investments and are subject to change without notice. The information in this report may become outdated and there is no obligation to update any such information.
