Nov 3, 2021
Summary:
Rob Stevens comes on the podcast to help us get a better
understanding of why mining stocks move the way that they do, and
he gives us some context around the current situation. Companies
are expanding resources and making discoveries, but people are
holding back on riskier stocks due to the equity markets. Tune in
to learn more about what’s to come, and to get information on
resources that can help you comprehend the inner workings of this
industry.
Highlights:
-When it comes to understanding the mining sector, you want an
understanding of why these stocks move in a certain
direction—especially when you don’t expect them to
-When you think you know what you’re doing here, that’s when you’re
most vulnerable
-Market indifference towards drilling results
-Companies are expanding resources and making discoveries
-People are holding back on riskier stocks because the equity
markets are a bit depressed
-There has been a lot of financing
-The vast majority of investors in the market are at the wrong side
of the trade
-The metal price index is sitting at the same high point as it was
in 2012
-We are going to see a lot more news flow and activity as we get
into the new year
-There’s a lot of money on the sidelines waiting for a peak
-Electric vehicles increase interest in commodities like copper
-Copper hit its peak and pulled back, but it’s definitely in an up
trend
-$4.50-$5 copper makes new discoveries really attractive—copper is
something to keep your eye on
-$4 seems to be the new floor for copper
-Gold is treading water, but at good prices
-There are so many different influences on gold price
-Safety is always an issue for uranium
-You also need to understand the mining process to understand why
the stocks do what they do
Useful Links:
Financial Survival Network
Mining Essentials
How to Analyze Exploration Company Drill Results with Dr. Rob Stevens
Non-Technical Resource Investors Can Succeed if They Are Willing to Put in the Work with Rob Stevens