Too many resource companies are a drag - M. Stephen Enders on diluted human capital
Junior resource stocks will lag the metal price, because the past run up disappointed investors, said M. Stephen Enders, executive chair at Brooks & Nelson.
Last week Enders spoke to Kitco Mining at the 2024 Precious Metals Summit Beaver Creek in Colorado.
Enders emphasized that while technical, legal, and ESG (Environmental, Social, and Governance) due diligence are crucial, understanding the management team is even more critical.
“People on the buy side in particular need to do a better job at management due diligence,” said Enders. “This industry does a really good job of technical due…
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