Robert Sinn – Sentiment Swings And Resource Stock Opportunities In Tax Loss Selling Silly Season
Robert Sinn, (aka Goldfinger on CEO.ca and CeoTechnican on X) and publisher of Goldfinger Capital on YouTube and Substack, joins me to share his pricing and sentiment reflections on gold, silver, copper this year, and the opportunities in related resource stocks that we are seeing in tax loss selling silly season. We start off discussing the corrective move in the precious metals that we’ve seen in since they peaked out in October, and how this has affected pricing trends in PM mining stocks and thus sector sentiment.
This is a longer-format conversation with Robert that really covers a lot of ground. We get into the overall good year that gold, silver, and copper have had, and the profitability of the metals producers, but also contrasted across a fair bit of negativity towards the overall junior mining stocks. We discuss the Newmont earnings miss as one of the triggers of the correction; as the largest and most followed gold stock, but also with an outsized weighting and effect on the GDX. Then we compare that muted to negative reaction with some of the other larger gold producers that in contrast have had much more constructive fundamental results and pricing charts, like Kinross, Agnico Eagle, IAMGold, Wesdome, and Alamos Gold.
We then get into investor psychology around trading during pullbacks, the recurring seasonality of tax loss selling, and some of the opportunities that Robert see’s at present. He also highlights the fundamental value proposition of 2 specific companies he is animated by in Barksdale Resources Corp. (TSXV: BRO) (OTCQX: BRKCF) and Endurance Gold Corp. (TSXV: EDG) (OTC Pink: ENDGF).
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