SAN FRANCISCO, CA–(Marketwired – October 30, 2015) – The most valuable resource in a mining company is often the people. Good management can attract the right investors and add value regardless of the market. In this interview with The Gold Report, Marin Katusa, founder of Katusa Research, shares his litmus test for which mining companies are worth his hard-won dollars and which ones he is avoiding for the foreseeable future.
Included in this interview with Katusa is: Newmarket Gold Inc. (TSX: NMI) (OTCQX: NMKTF).
TGR: Will the power of gold help the majors or the juniors more?
MK: I don’t think the majority of juniors will take off until the majors take off, so watch the majors first. They will be the first ones to be repriced when gold really starts to take off. If a junior finds a world-class asset, it will rise based on its own success rather than on the strength of the market. We’ve seen many examples of that. But the producers will get the party started.
TGR: What are the juniors that you’re watching?
MK: The first thing to look for is an excellent management team that is invested heavily in the company. Then I want to see if it owns a world-class asset. If this isn’t an asset that a major would want to buy in a bad market, then avoid it. The world does not need…
Continue reading this interview: Marin Katusa: Follow the Good Guys in Mining
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Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends.
Newmarket Gold Inc. is a sponsor of Streetwise Reports. Marin Katusa had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Katusa and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.