In this Miningscout interview with editor-in-chief Erwin Matula at the European Gold Forum 2014 in Zurich, I discuss the political situation in India, the election of Narendra Modi, and the outlook for the junior mining sector.

We also discuss my approach to investing in exploration companies, the key criteria I look for in junior resource stocks, and ideas from my forthcoming book, How to Invest in the Junior Sector.

Watch the full discussion below:

Key Takeaways

• Why investors should be cautious about expecting too much from Narendra Modi or any single political leader.
• How political and cultural conditions in India affect investment expectations.
• What I look for when evaluating junior mining and exploration companies.
• Why management quality, capital discipline, jurisdiction, and valuation matter in the junior resource sector.
• How investors can think about risk and reward in exploration-stage companies.
• Why the junior mining sector requires patience, selectivity, and a willingness to avoid fashionable stories.