Derek Macpherson interview with The Gold Report Derek Macpherson: Is It a Love Affair or a Tryst?
Source: Brian Sylvester of The Gold Report (3/12/14)
Investors have again begun flirting with the junior mining sector. Will it lead to a love affair or is it just a tryst? Derek Macpherson, a mining analyst with M Partners, believes it is still too early to be taking on high-risk, high-leverage names. In this interview with The Gold Report, he advises investors to carefully choose low-risk companies, even in this early stage of a rising gold price environment, and names a handful that investors could fall in love with.
TGR: What are some other gold names you cover that could be poised for growth?
DM: On the growth side we continue to like Temex Resources Corp. (TME:TSX.V; TQ1:FSE). Temex has very high grades at Whitney and there are a couple of key catalysts coming in the near term. Besides drill results we probably will see an initial PEA later this year. We expect to see the drills start up again this summer, providing an opportunity to expand on a high-grade potential in a very strategic location.