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This is how to pick gold, silver stocks according to veteran geologists - Exploration Insights

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Brent Cook and Joe Mazumdar of Exploration Insights join David Lin, anchor for Kitco News, to share pearls of wisdom in the exploration investment business.

“You can look at about corruption, you can look at the Fraser Institute, there’s a lot of information out there on specific countries about where you want to go into. And, the majors and the mid-tiers all do that, because they want stability of taxes, they want to know that they have the ground, the security of tenure, and so when they actually enter a country, they have to be satisfied that exists. So for me, that’s the best proxy. If I’m exploring in a country that a major, mid-tier or some other people operate, then I’m happier about them being there,” Mazumdar said.

Cook added a list of other red flags that investors should watch out for and use to screen bad investments.

“We’re seeing a lot of companies report grades in terms of gold equivalent or silver equivalent which means they bulk up copper, lead, zinc, silver…and throw in cadmium and whatever, those are different metals. For me, you can call it a gold equivalent per se, but the recovery you’re going to get on those other metals is going to be a lot less and that’s usually not factored into what the gold equivalent is,” Cook said. “I want to see exactly how much silver there is, how much zinc there is, so I see those numbers as well, so I know what the grade of the primary product is.”

For information on Liberty Gold and insights into the merger and acquisition process, watch the video above. Follow David Lin on Twitter: @davidlin_TV (

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