Goldshore Investor Update: Year in Review & 2024 Outlook

Investor webinar replay

Replay transcript excerpt

Good afternoon, or good morning, depending on where you are. Thank you for joining us today. My name is Brett Richards. I'm the CEO of Goldshore Resources. And with me today is our Vice President of Exploration, Pete Flindell. Today's call, the purpose of today's call is to really walk back through 2023 and talk about where we believe not only this market is going in 2024, but what we're doing to prepare for it as a company and the activities kind of associated with that in order to not only create value, but I think there is a preservation of value in this market as well. We will follow up once we've gone through the presentation and we're not going to do a lot of slides today. We're really just going to talk face to face to everyone and answer as many questions as we can. I want everybody to come away today with a comfort level as to knowing the story almost as well as we do. When I go back and look at 2021, in June of 2021, when we did the transaction with Westone to acquire this asset, Pete and I had just come off about 10 or 12 years working in Africa in very difficult arenas and difficult geopolitical locations. Thinking Ontario was going to be, I'll say, a bit easier to work in, which it is, But we also felt that at that point in time, we were going to have a fairly strong capital market run given what we knew in the market. And we thought the timing of the transaction was well positioned to build on a concept which started with a historical resource that was Moss Lake Gold mines way back when that West Dome acquired. But I think in the back end of 2021, we started to feel the wind coming across the lake into our face from a capital markets perspective. And in early 2022, we started to see a number of things unravel in the markets. And everybody experienced th...