Joe Mazumdar on What to Look For When Investing in Mining Stocks

February 8, 2016

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Economic geologist and mining analyst Joe Mazumdar, who recently joined Brent Cook at Exploration Insights, stopped by to chat with the Investing News Network about the mining space and what to look for when assessing potential investments. Formerly a senior mining analyst at Canaccord Genuity and Haywood Securities, Mazumdar’s opinions are certainly worth paying attention to.

In terms of juniors, Mazumdar stressed that it’s important to pay attention to how well the geology of a project has been mapped out. “Geology’s really basic, and if you don’t have that right, it’s hard to get anything else right,” he said.

Other highlights from the conversation include:

  • Mazumdar’s thoughts on the recent troubles faced by Rubicon Minerals’ (TSX:RMX) Phoenix project
  • A few red flags for investors to watch out for when evaluating potential investments in mining companies or junior mining stocks
  • Why he likes Claude Resources (TSX:CRJ) and Lake Shore Gold (TSX:LSG)
  • What he hopes to see in the junior resource sector in 2016

Watch the video to hear what he had to say.

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Securities Disclosure: I, Teresa Matich, hold no direct investment interest in any company mentioned in this article.

Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

The post Joe Mazumdar on What to Look For When Investing in Mining Stocks appeared first on Investing News Network.

Category: Precious Metals