Tocqueville Asset Management’s picks for mining stocks include Pan American Silver, and Detour Gold, according to Doug Groh, portfolio manager at Tocqueville.
On Detour Gold, Tocqueville is “a believer in that asset and that deposit,” Groh told Kitco News on the sidelines of the Mines & Money New York conference. “We would think that it’s a very attractive acquisition candidate. They’ve had a couple of stumbles, and the majors are going to be looking for assets in North America.”
Groh added that the fund is more focused on North America now than in the past, especially with heightened geopolitical risks abroad.
Kitco News is the world’s #1 source of metals market information. Our videos feature interviews with prominent industry figures to bring you market-affecting insights, with the goal of helping people make informed investment decisions.
Subscribe to our channel to stay up to date on the latest insights moving the metals markets.
For more breaking news, visit http://www.kitco.com/
Follow us on social media:
Facebook - https://www.facebook.com/KitcoNews/?ref=br_rs
Twitter - https://twitter.com/kitconewsnow
StockTwits - https://stocktwits.com/kitconews
Live gold price and charts: http://www.kitco.com/gold-price-today-usa/
Live silver price and charts: http://www.kitco.com/silver-price-today-usa/
Don’t forget to sign up for Kitco News’ Weekly Roundup – comes out every Friday to recap the hottest stories & videos of the week: https://connect.kitco.com/subscription/newsletter.html
Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: https://gold-forum.kitco.com/
Disclaimer: Videos are not trading advice and the views expressed may not reflect those of Kitco Metals Inc.