Meeting Overview The meeting focused on the Gold Outlook for 2023, featuring a panel of industry experts who discussed their respective companies' operations, market conditions, and the performance of gold as an asset class amid recent economic volatility. Key Discussion Points - Introduction of panelists and their respective companies involved in gold production and exploration. - Overview of gold market volatility, including price fluctuations from lows of $1400 to highs of $2050. - Discussion on the impact of macroeconomic factors, such as interest rates and global events, on gold prices. - Insights from panelists on the performance of gold as an asset class during the COVID-19 pandemic and subsequent economic changes. - Exploration of future production plans and potential growth opportunities within the gold sector. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Panelists to continue monitoring gold market trends and prepare for futur...
Daniel Barankin is the founding Chief Executive Officer of 6ix.
6ix is a financial technology company on a mission to unlock social mobility on a global scale by empowering anyone, from anywhere, to invest in anything.
In pursuit of that mission, from Jul 01, 2020, to date, 6ix.com powered 300+ virtual investment summits, attracting 65,000 registrations and 21,000 attendances from a community of more than 100,000 investors.
Daniel launched 6ix on Canada Day 2016 while studying philosophy, politics, anthropology, and other courses, at the University of Toronto, Trinity College.
Aneel is EVP and Director of Steppe Gold, and a ï¬nancial services professional with 15 years of progressive experience in capital markets having worked on over $1B in deals. He is the founder of ATMA Capital Markets, focusing on advising public and private companies in the Natural Resources sector. Aneel holds an MBA from the Goodman Institute of Investment Management at John Molson School of Business.
David has over a decade of experience in corporate finance and capital markets with a focus on the natural resource sector. As an executive with the PowerOne Group he has developed a depth of knowledge in representing, advising, and assisting emerging companies in accessing capital, advising on mergers and acquisitions and managing their businesses. David is a Chartered Professional Accountant and has also served in a variety of executive roles and director positions to a wide array of private and public enterprises.
Replay transcript excerpt
Speaker 1: Hi, and welcome to the Gold Outlook 2023 Speaker 1: panel. Speaker 1: I'm your moderator, Dan O'Barren, Speaker 1: founder and CEO of Ed6. Speaker 1: Our mission is to unlock social mobility on a global scale by empowering anyone from anywhere to invest in anything. And so in pursuit of that aim, I invite you to submit any questions that you have related to our theme and I'll do my best to work your ideas into our panel discussion. Speaker 1: To kick things off, let's begin by introducing our guests, starting with the largest to smallest by market cap. So Rick, who is on the microphone presently, the floor is yours for a brief introduction. Speaker 2: Thanks, Daniel. Good morning, everybody. Speaker 2: Contango is developing a Speaker 2: nice high-grade Gold deposit in Alaska Speaker 2: in joint venture with Kinross. Speaker 2: And the unique thing about our company is we're not building a mill in a tailings facility. Speaker 2: We're simply transporting the high-grade ore up to the Fort Knox mill Speaker 2: by truck. And so we basically are Speaker 2: able to get our deposit quickly into production Speaker 2: and with a Speaker 2: simple execution plan and obviously fairly low capital since we're not building the mill and tailings facility. So we'll be in production in 2024 Speaker 2: and Speaker 2: producing Speaker 2: about 67, 000oz Speaker 2: of Gold a year. Speaker 2: Should be cash flowing, free cash flowing Speaker 2: at $1, 800 Gold, about $40M a year. So Speaker 2: we're a pretty advanced story and quickly becoming a producer. Speaker 1: Wonderful. Thank you for that introduction. Anil, the floor is yours. Speaker 3: Sure. Thank you everyone for joining Speaker 3: today's panel. Speaker 3: Stepgold is a Gold and Silver producer today, currently p...