Videos
WSMIK: It's All About the People
I’m excited to present to you another episode of my What Smart Mining Investors Know series. Today I talk about the people. Who's running a company and what past successes or failures they've had, what pertinent knowledge they offer, and how they treat their shareholders - these things are really important. A team has to have enough experience, knowledge and connections to cover all of a public explorer needs, from the very technical exploration and engineering side of things all the way through the capital markets.
But how can we assess this? When I'm dealing with new people, I start with a good old "tell me about your company" meeting. And when I do that, what I'm looking for is a team that outlines and emphasizes that they are guided by a clear plan to create value for shareholders. Sounds basic but if the pitch is carried by a clear and credible plan to create value then odds are much improved that the team is good.
There's no doubt the people running a company are absolutely the most important factor of that. They choose the project, determine how to advance and structure the company, raise the money to communicate with the markets, and find funds to invest, and the technical people make or break the exploration side of the story. So this week I talk about how I figure out if 'the people' are any good.
Testimonials
Thanks for all your hard work, but especially your honesty and integrity. I can feel your desire to take of us through your writing. As you have recently written, that is not always the case in this sector….I’m sure your new subscribers have no idea what they are in store for. I have almost doubled my portfolio since the lows in March. I would have done even better if I could have exited my positions when you recommended them, but I was overseas and unable to act. I was okay with it as I knew from experience it would bounce back. and boy has it AND ITS JUST STARTING!... After many years in the red, all but of a couple of stocks are in the green. The daily rise in my portfolio is unbelievable. And a lot of that is happening is because I trusted you. I’m afraid I’m going to need the benefits of your hard work and wisdom to once again help my family and because of all your hard work I’ll be able to if they need it. I can’t thank you enough for the sacrifices you make to make what you do possible. If your religious at all, you really are doing God’s work. You are making a difference in many peoples lives.
Blessings upon you and your family.
Sincerely,
PM
Once again, it's great to hear your pearls of wisdom in the mining sector that translate into income and profits. Now that we are in the nascent stage of this commodities bull market, everything that the retail investor can learn in order to maximize profits is education today that will be worth a fortune tomorrow.