There is plenty to like about investing in New Zealand – the geology is good and having worked in New Zealand before, I know that the mineral prospectivity is very high.
The junior explorers are feeling a bit lukewarm at the moment but don't let that fool you. As I have mentioned in most of the Coffee with Samso in the last 12 months, I have said that for many decades, the enthusiasm is unseen so tread the market with caution.
Corporate finance associates in the mining sector are telling me that business is hectic and they are sup-busy. Transactions are happening and they had only a one-week break when the gold price turned. Now, they are back in business.
Investing in what you understand
As Rick Rule points out in Coffee with Samso Episode 70, most astute investors are saying they are smart but rather they have seen a lot. They will tell you that quality and a complete understanding of the …