SOURCE: Streetwise Reports

Streetwise Reports

February 12, 2016 09:00 ET

Geordie Mark of Haywood Securities Interviewed by The Gold Report

SAN FRANCISCO, CA--(Marketwired - February 12, 2016) -  Geordie Mark, head of mining research with Haywood Securities, sees opportunity in both development-stage and producing precious metals equities, especially those domiciled in countries like Canada and Australia, where the currency has depreciated considerably against the U.S. dollar. For development-stage companies, Mark says it's all about visible time frames, good margins and a modest capex. And for producers it's all about recent performance. In this interview with The Gold Report, Mark recommends two names in each category and tells investors to stay firm on quality, margin and performance.

Included in this interview is: Tahoe Resources Inc.  (NYSE: TAHO)(TSX: THO)

The Gold Report : So far in 2016, the Dow Jones Industrial Average is down, oil is at near-decade lows and the Chinese stock markets continue to slide. How is that translating to your coverage universe? Should investors be worried?

Geordie Mark: It's certainly been a tough ride in the markets for many of the precious metals producers and development-stage companies-but we see that as an opportunity. Precious metals have taken a good run in the New Year, which has certainly enabled production-related companies to bolster their operating margins through higher underlying commodity prices and lower fuel prices. While there are obviously tumultuous markets out there and some overriding geopolitical hotspots, we see this adding to the case for the risk-off trade moving toward gold, and underpinning some strength in the gold price. We see…

Continue reading this interview: With Gold Looking Up, Haywood's Geordie Mark Offers Two Names For Now, Two For Later

About Streetwise Reports / The Gold Report

Investors rely on The Gold Report to share investment ideas for the precious, base and critical metals sector. Our exclusive interviews with leading industry experts and analysts provide a clear picture of the causes of macro-economic shifts and the strategies that help you capitalize on developing trends.


Tahoe Resources Inc. is a sponsor of Streetwise Reports. Geordie Mark had final approval of the content of the interview and is wholly responsible for the validity of the statements. Opinions expressed are the opinions of Mr. Mark and not of The Gold Report or its officers. The interview does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility.

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