Sentiment is strengthening in the resource sector, but according to Mercenary Geologist Mickey Fulp that doesn't mean market participants should change their strategy.
"No matter what kind of market you have, you still do the same things," he said at the recent Vancouver Resource Investment Conference.
"You become more cautious in bear markets, but by the same token, the bear markets present the buying opportunity. So whether the market's booming or busting, you should always do the same thing."
Michael S. "Mickey" Fulp is a Certified Professional Geologist with over 29 years experience as an exploration geologist searching for economic deposits of base and precious metals, industrial minerals, coal, uranium, and water in North and South America and China. Mickey has worked for junior explorers, major mining companies, private companies, and investors as a consulting economic geologist for the past 20 years, specializing in geological mapping and property evaluation. Mickey is respected throughout the mining and exploration community due to his ongoing work as an analyst for public and private companies, investment funds, newsletter and website writers, private investors, and investment brokers.