Mexico Mike gillar Avino

Intervju med Mike Kachanovsky (även känd som "Mexico Mike") i The Gold Report. Avino nämns som en av favoriterna.

Mike Kachanovsky, known as "Mexico Mike," doesn't follow the so-called smart money. Founder of the website smartinvestment.ca, Mexico Mike believes mainstream commentators are leading investors astray by insisting that it is too late to get into mining stocks and precious metals. In this exclusive interview with The Gold Report, Mexico Mike explains why everyone needs to have some exposure to precious metals and gives his favorite prospects.

"Mexico Mike" Kachanovsky: Gold and Silver Producers Due for Big Upside

TGR: Any other near-termers?

MK: One that I like is Avino Silver & Gold Mines Ltd. (ASM:TSX.V; SGMF:OTCBB) in Mexico. The company has been active on this project for 20 years. It was in production in the 1990s. The company just got this thing going again in the last year and it is making money. It plans to expand capacity and continue with production.

Avino has strong management, a very strong balance sheet, a good resource, current infrastructure in place, it's profitable, and it provides investors with full leverage to gold, silver and base metals. It's a good near-term emerging producer that I can put into my portfolio, hold for a year or two, and probably see the stock rise substantially. But there may be ups and downs and swings of sentiment that are going to be a test of commitment along the way.