| After a brutal reckoning, the base metals sector is starting to generate some cautious optimism amid early indications of an uptrend. While any optimism for mining stocks has generally been punished over the past three years, the demoted sector now features some discount valuations. And now that many fears over China have eased, and the U.S. economy is perking up, base metals prices have begun to advance, drawing some renewed investor attention.
“This is an industry that was absolutely savaged. It’s not unlike what happened with American banks,” said Terry Shaunessy, president and portfolio manager at Shaunessy Investment Counsel...............................................Full Article: Source
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