With evaluation of junior resource companies challenging using discounted cash flow models, an alternative approach to understanding the various market sectors is a must.
I have written a great deal in the past about the benefits to be gained from listening to earnings calls from commodity and materials producers.
You must "read between the lines" of what is said and written, but statements made by CEOs and CFOs of large cap companies can offer insights into the strengths and weaknesses of various markets. This can only help with your analysis.
Today, I offer some of the insights I'll be listening for during calls this week and next. I also offer a list of companies whose calls I will be dialing into.