Gwen Preston Talks Gold Prices and Junior Mining Stocks



The Investing News Network recently had the chance to catch up with Gwen Preston, publisher of the Resource Maven newsletter, about trends in the gold price and about some of the junior mining stocks she's watching right now. Despite brighter predictions from many analysts earlier in the year, gold prices have continued to falter and as Preston has said, "it's ugly out there." Speaking a bit about what investors can do in the current situation, she advised investors to "be patient," suggesting that while no one can predict exactly when the market will start to turn, it will be obvious when it finally happens. "Wait for the rebound to announce itself, and then be ready to go," she said. Preston also spoke about what needs to happen for the gold price to turn around, and provided some additional insight into some of her recent thoughts on Uranium Energy Corp. (NYSEMKT:UEC) and Nevsun Resources (TSX:NSU). Finally, we asked Preston to touch on two stories she's excited to hear more about this year. Watch the video above to find out which companies she's interested in and why.

Comments

  1. Nice summary of Nevsun in Eritrea and the conscription situation past and present - thanks.


Additional Information:

Visibility: 1141

Duration: 9m 4s

Rating: 13