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Summer is typically a quiet time for the mining sector, but that doesn’t investors don’t have work to do.
“We’re taking July and August to position into some names thinking that we’re going to get some type of rally from late August into November,” said John Feneck of Feneck Consulting. “Summertime and in December as well, when people aren’t doing their homework, is when we’re doing most of our work, because this is when you can pick up some huge bargains.”
Companies mentioned by John in the interview: Ascendant Resources (TSX:ASND,OTCQB:ASDRF), US Gold (NASDAQ:USAU), Canadian Critical Minerals (TSXV:CCMI,OTCQB:RIINF), Stillwater Critical Minerals (TSXV:PGE,OTCQB:PGEZF), Spark Energy Minerals (CSE:EMIN,OTC Pink:MTEHF), World Copper (TSXV:WCU,OTCQX:WCUFF), Canadian Palladium Resources (CSE:BULL,OTCQB:DCNNF), Champion Electric Metals (CSE:LTHM,OTCQB:GLDRF).
John Feneck’s details:
Website: http://www.feneckconsulting.com
Email: john.feneck@yahoo.com
Twitter: FeneckConsult
Newsletter: “Feneck Commodities Report”
This interview was filmed on June 29, 2023.
#Investing #Mining #Gold
0:00 – Intro
0:29 – Hunting bargains in the summer
3:08 – Gold support and resistance levels
4:31 – What will the Fed do in July?
8:33 – Beware tidal waves of information
10:22 – Stock updates from John
13:18 – New stocks in John’s portfolio
17:59 – Make a plan, get off the sidelines
23:36 – Final advice for investors
26:08 – Outro
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The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
