Tom Richards, Senior Analyst at Watermark Funds Management, highlights in this video the challenge of finding value in gold equities today. He says this was illustrated in Evolution’s recent transaction, where it was "difficult to find opportunities in the market especially if you have to pay a 30% premium. Hence they were looking for copper mines with some gold exposure”. Click on the video below to see his view on copper and nickel, and two companies he likes with exposure.
We are active, high conviction investors in Australian and international shares. As an absolute return manager, Watermark offers a proven alternative to traditional institutional funds. Watermark manages three Listed Investment Companies:...
No areas of expertise