Analyst Advice on Investing in the Mining Space
“Investing in this space at this point in time, really take someone who has a lot of foresight and who need to be there for a bit of a longer term. We know it’s undervalued, that’s undeniable. We can go to a number of different ends and see that the sector is undervalued. The question does ask itself, when does it become better value, when do we come out of this place?
I’ve been through this kind of cycle now, I think I’m in my third iteration over 35 years, and what I know is when it does return it does return with a vengeance.” – Barry Allan, Mining Analyst, Laurentian Bank Securities