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It’s been a quiet summer so far, but Mercenary Geologist Mickey Fulp believes there are still opportunities for investors who know how to play their cards right.

“My strategy during the summer months is [to] pick off good stocks with stink bids,” he says in the interview above. “Some things that I already own [and] I want to add [to] my position, or just new good stocks that are beaten up a little right now.”

He’s currently waiting on results from Trilogy Metals (TSX:TMQ,NYSEMKT:TMQ) and Hannan Metals (TSXV:HAN), two companies that are in the midst of drill programs. The former is now drilling at its Bornite and Arctic copper deposits, and Fulp expects the results to be “very good.”

Of Hannan, he said, “they released the first drill hole last week, [and] the results were stupendous, amazing. A 3.3-meter intercept of 73 percent lead and 9 percent zinc.” More results are due out soon, and Fulp said, “we expect them to be good.”

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MARKET SUMMARY

INDICES

Name Last Change
DOW 25822.30 0.25%
S&P 500 2753.17 0.75%
NASDAQ 7859.17 0.49%
TSX 16296.97 0.21%
TSX-V 691.96 0.00%

Resource Commodities

Name Last Change
Gold 1195.80 0.01%
Silver 14.79 0.20%
Copper 2.69 0.070
Platinum 795.50 0.13%
Oil 67.35 1.37%
Natural Gas 2.98 1.31%
Uranium 26.08 0.19%
Zinc 1.08 0.00%

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