What a crazy few days. When looking at performance over the past month, non-energy materials are in a sea of pain on both the ASX and TSX. Even the same corner of the NASDAQ Composite, a much smaller sample, could not escape the red.
While painful to endure, times like these can provide meaningful opportunities. So let’s check some interesting signals.
Incidentally, I met with ~20 different companies over IMARC week, and despite the broad abysmal performance (highlighted by everyone), I was struck by strength and substantial progress in most of those I met. The pace has markedly picked up with discussions about recoveries, reduced costs, and feasibility studies across the board. We’ll get into that in more detail next week.
Each week, we look at three potential gems, one each from our standout drill results, insider transactions, and best performers tracking; secondly, we check where juniors sit in the broader market cycle, and pull out an insight from the growing historical dataset.
Before we jump in, let’s start with where we are (or may be) in the cycle.
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Research focuses on trending investment themes. Mining Investing includes 3 modules with many sections each. Energy Transition Investing, 6 modules with 10 sections.
In total, 70+ posts/sections, with new ones published weekly.