According to the calendar, it is still winter and gold markets still face some tough sledding, says Jay Taylor, host of the radio show "Turning Hard Times into Good Times." Big investors are leaving the market and small investors hesitate to reenter. But in this interview with The Gold Report, Taylor points to some spots where selective investors can find value and growth potential.
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JT: I am now much more selective on the explorers, but I have several on my list.
I like Brazil Resources Inc. (BRI:TSX.V; BRIZF:OTCQX) a lot. One should always start by looking at management, and Chairman Amir Adnani is highly regarded. He did a remarkable job for Uranium Energy Corp. (UEC:NYSE.MKT). Brazil Resources has at least one very good, advanced-stage property now, and has arranged financing with Brazilinvest Group, a financial concern that owns a lot of the company's shares.
TGR: Amir has moved his companies forward. Brazil is a great mining address, although lesser known and understood. Do you see any issues there?
JT: Politically, Brazil is one of the better jurisdictions these days and it has the geology.
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