The world is going to need a lot of metal to make the transition to a low-carbon economy a reality – much more than Red Cloud Securities Inc. chief executive officer Bruce Tatters believes the average financial advisor understands.from miners exploring for copper, nickel and other rare earth elements needed to advance clean energy technologies, he believes the junior mining space is ripe with opportunity for investors.
We simply do not produce enough of these metals right now. What they have done is turn the old, ugly little mining sector into a growth industry. We all have this going on, yet the little junior exploration and development space is still trading as if it is the same bankrupt industry it was five years ago. One of the trends has been to compress and compress the valuations of the little companies. They are ignored.
The larger players don’t have a lot of new, incremental projects and they’re waiting for the little juniors to literally bring a project to the finish line. Then, they will pay up for it. They would rather overpay than pay earlier. Outside of my little quadrant, where it is so obvious this is coming, the Main Street people out there don’t have any clue.
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