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Santacruz Silver Mining Ltd. (SCZ $2.26)
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OceanaGold Corporation (OGC $28.19)
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Torex Gold Resources Inc. (TXG $53.54)
Q: I STARTED TO INVEST IN MINERS 6 MONTHS AGO. THEY NOW REPRESENT 60 PER CENT OF MY PORTFOLIO. I REALIZE GOOD THINGS EVENTUALLY COME TO AN END. HOW LONG DO YOU THINK THIS GOLD RUSH WILL LAST. THANKS FOR YOUR GREAT SERVICE.
5i Research Answer:
We do not of course know the answer, but things are still setting up well. Lower interest rates ahead and a lower US dollar are good for the sector. There continues to be strong positive momentum. Central banks continue to buy. Government debt levels are not getting any smaller. We think things should remain bouyant for at least a year, probably more.