“Platinum could easily rise 50% to 100% in 12-18 months,” says portfolio manager Sam Broom in this MSE episode. He is also bullish on certain rare earth companies and has his eye on potash as a contrarian play.
Sam Broom is a geologically trained portfolio manager with Sprott Global. In this interview, he provides commentary on where he sees value in the resource sector and how he is advising his clients. Generalist institutions are becoming interested in mining stocks, he shares. Sam also compares the ASX mining market to the TSX and explains why less US dollars are flowing into small Canadian miners.
0:00 Introduction
0:52 Generalist institutions interest in mining stocks
5:33 Mining sector becoming momentum play
7:55 Timing entry points in a bull market
11:53 Only get 1-2 good investment opportunities every 2-3yrs?
15:32 Bullish certain rare earth companies
17:16 Bullish platinum
21:20 Bullish potash
22:23 Less USA investment dollars funding Canadian jr miners
26:13 Mine restart plays
29:55 ASX vs TSX
37:38 What Sam offers HNWs
Sam’s email: SBroom@sprottglobal.com
Sam’s bio: https://www.sprottusa.com/our-firm/our-team/sam-broom/#
Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39
Mining Stock Education (MSE) offers informational content based on available data but it does not constitute investment, tax, or legal advice. It may not be appropriate for all situations or objectives. Readers and listeners should seek professional advice, make independent investigations and assessments before investing. MSE does not guarantee the accuracy or completeness of its content and should not be solely relied upon for investment decisions. MSE and its owner may hold financial interests in the companies discussed and can trade such securities without notice. MSE is biased towards its advertising sponsors which make this platform possible. MSE is not liable for representations, warranties, or omissions in its content. By accessing MSE content, users agree that MSE and its affiliates bear no liability related to the information provided or the investment decisions you make. Full disclaimer: https://www.miningstockeducation.com/disclaimer/
