Tekoa Da Silva of Sprott Global Resource Investments is still high on the resource sector. But he cautions that you’ve got to buy quality at this point in the cycle. Otherwise you could just be gambling. The major resource companies are poised to prosper when the precious metals cycle finally turns, which it will. There’s also a number of companies out there which have large cash hoards and are trading for less than the value of their cash alone. But you’ve got to look closely and make sure that they’re poised for growth. In short, there’s much to be excited about for the informed investor.
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