RE:Miners seek answers: Why do nickel prices 'suck'?Important point.
Marc Lafleche, chief executive of Ecora Resources PLC, a mining streaming company·(formerly Anglo Pacific Group PLC), said the long-term demand forecast for critical minerals hasn’t changed, even if commodity prices are falling.
He said it is unfortunate that investors tend to “extrapolate the present into the future,” believing that if prices are high, they will stay high forever and if they’re low, they will stay low forever. But it doesn’t work that way: commodity markets are cyclical.
“For an investor, now is the entry point,” Lafleche said. “Today’s pain is tomorrow’s gain. That’s kind of how I see it.”