“Resource investors should look at those companies which have advance assets, either producing or close to production, as well as a strong balance sheet. Companies that have little or no debt will do well in these markets,” says Vikas Ranjan, Senior Analyst at Ubika Research, in an interview with SmallCapPower.com.
He explains why he believes resource investing is not dead, provides his outlook on the gold price, and describes the resource sectors he likes currently.
Ubika Research analysts have identified 20 stocks which they believe have the potential for significant upside in 2014, including Allana Potash Corp. (TSX: AAA), Argex Titanium Inc. (TSX: RGX), Simba Energy Inc. (TSXV: SMB), and Meadow Bay Gold Corp (TSX: MAY). See the entire list of 20 companies here.
