from Financial Survival Network
Sprott Global’s Kenton Toews believes that the recent carnage in the mining sector will eventually lead to a healthier industry. Only the strong will survive and this will lead to a much more profitable sector in the long run. Getting there is the problem and many companies are perishing in process. Kenton says to look for companies that are cash rich and where management has voluntarily cut their salaries. These companies are in it for the long haul and they will survive.
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