Being ‘In the Money’ – a Fireside Chat on the Price of Gold
Join Brien Lundin, newsletter writer and New Orleans Investment Conference’s president, and Dan Wilton, CEO First Mining for a discussion on the impact of higher gold prices on its two multi-million-ounce gold projects in development.
With a career spanning four decades in the investment markets, Brien Lundin serves as President & CEO of Jefferson Financial. He is also the publisher and editor of Gold Newsletter and host of the annual New Orleans Investment Conference.
Dan Wilton has more than 25 years of experience in M&A, corporate finance and principal investing in the mining sector, having executed as principal or advised on more than $10 billion of mergers, acquisitions and divestitures and more than $1 billion of financings. Dan was previously a Partner at Pacific Road Capital Management, a mining-focused private equity investment firm with approximately $800 million under management. Prior to joining Pacific Road, Dan's previous roles included Managing Director and Head of the Global Mining and Metals Group at National Bank Financial Inc., Managing Director in Business Development at General Electric based in London, England, and other corporate finance and M&A roles at global financial institutions based in Toronto and New York. Dan is a Director of Providence Living, a residential care and assisted living provider based in Vancouver, BC, and serves on the Audit and Finance and Quality Committees. Dan served on the Board of Providence Health Care for 11 years, including acting as Vice Chair for 6 years and Chair of the Audit and Finance Committee during the financing and approval process for the New St. Paul's development. Dan holds a B.Comm (First Class Honours) from Queen's University and an MBA (with Distinction) from INSEAD in France.
Replay transcript excerpt
Good afternoon, good evening, good night or good morning, depending on what part of the world you're signing in from. It's an unusually international audience today, so I really appreciate everybody's time in joining us. And today I'm joined by First Mining CEO, Dan Wilton and Brian London, Director of the New Orleans Investment Conference, Editor of the Gold Newsletter and more. Both of you gentlemen, thanks for joining me today. Hi, Romeo. Hi, thank you. Awesome, so starting a conversation really about a couple things. As the price of gold rises, it's really interesting to talk about which projects are now much more attractive, perhaps, than before. So I'm going to jump right into the protein of today's discussion, and then we'll get into audience questions. So this is an interactive event. That chat button on the bottom right of your screen. You can ask questions at any time during the event. We'll try to get to them at the end. If they fit perfectly, I'll try and sneak them in. I know there were some questions that were submitted in advance over email. So I will be trying to get to those as well. So if you wrote 1 in over email, I'm trying to get to them today. But I'll go ahead and get started and say, Dan, if you'd be so kind, could you give a brief synopsis of First Mining as 2 flagship properties for those who don't know the story? Sure. Thanks, Ramiro. And thanks, everyone, for joining us today. So First Mining is advancing 2 of the 10 largest undeveloped Gold projects in Canada. Our Springpole project, which is located about 100km east of Red Lake, Ontario, is in advanced stages of environmental assessment and actually targeting submitting our final environmental assessment document there at the end of this month. So really from a permitting perspective, 1 ...