Ross Beaty: '2016's Going to Be The Bottom'

By ross beaty / January 28, 2016 / www.youtube.com / Article Link


http://investingnews.com/daily/resour...The market might be down, but Ross Beaty, mining legend and chairman of Pan American Silver (TSX:PAA) and Alterra Power (TSX:AXY), is still optimistic. Beaty stopped by the Investing News Network booth at the recent Vancouver Resource Investment Conference to talk about gold, silver, clean energy and more.When asked Beaty where investors might find some optimism amidst the current lengthy bear market, he stated, "I think its going to bottom very, very soon. I expect actually 2016's going to be the bottom ... we've seen a real capitulation in a lot of investors, in a lot of commodity prices. I just love when that happens, because that, to me, is a real signal of [being] close to the bottom."Other highlights from our conversation included:Positive factors he sees for gold and silver prices, including the importance of investment demand, industrial demand (for silver) and how these metals have held up against the strong US dollarWhy he likes Kaminak Gold (TSXV:KAM) and Dalradian Resources (TSX:DNA)Why he's interested in renewable energy as a long-term business, and what to expect from Alterra Power this yearWatch the video above for more of what Beaty had to say.

Recent News

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com

Huge quantifiable rise in geopolitical, economic and trade risks

June 23, 2025 / www.canadianminingreport.com

Platinum clearly ahead of palladium for first time in seven years

June 16, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok