High Potential Western USA Precious Metals Exploration
Join us for a great event!
Thu, August 19, 2021 at 1:00 PMendedReplay
Investor webinar replay
Meeting Overview The meeting focused on the current macroeconomic landscape affecting the resource sector, particularly gold and base metals. The discussion highlighted the impact of negative real rates on gold prices, the electrification trend driving base metal demand, and the complexities of market reactions to economic data. Key Discussion Points - Overview of the current macroeconomic environment and its implications for the resource sector. - The correlation between negative real rates and gold prices. - The impact of electrification on the demand for base metals. - Market reactions to economic data, particularly regarding inflation and employment reports. - The influence of Federal Reserve policies on market dynamics. - The potential for growth and inflation to support both gold and base metals. Decisions Made - No explicit decisions recorded. Action Items & Next Steps - [Unassigned] : Prepare for Q&A session at the end of the panel discussion. - [Unassigned] : Monitor ongoin...
Mr. Lekstrom has 14 years mining experience in progressively senior roles in project, operations, and engineering management and has a strong leadership background with experience overseeing 100+ person teams onsite. In a recent role, Mr. Lekstrom served as Engineering Manager responsible for the budgeting, scheduling and the first phases of execution at Sabina Gold and Silver’s Back River Marine Laydown Project. Prior to that, Mr. Lekstrom spent two years in Ghana, West Africa where he played an integral role in the development and revival of Golden Star Resources’ Prestea underground mine. He led project, engineering, and maintenance teams and worked with members of the executive team on the implementation of various strategic initiatives. A graduate of Thompson Rivers University, Mr. Lekstrom has an established track record delivering successes across numerous projects worldwide.
A third generation mining executive, Mr. Adams has spent his career working exclusively in the precious metals mining and energy industries in both operational and management roles. He started his career in Guyana, in operations management for a privately-owned gold exploration company that discovered and developed the eleven-million-ounce Toroparu Deposit. After a successful reverse take-over, he joined Sandspring Resources (now Gold X Mining) and assisted in raising nearly $100 million of public equity capital for the company. In 2014, he moved to the Powder River Basin of Wyoming and founded and operated an oil and gas services company called Energy Fuels Environmental, which he sold to a major midstream energy company in 2017.
Warwick Smith is a seasoned venture capitalist with decades of experience in leadership, corporate finance and M&A with a focus on the resource sector since 1999.
At just 30 years old, Warwick was a founding shareholder of Riverside Resources Inc. before becoming CEO of Western Pacific Resources Corp. at just 33 where he successfully negotiated the transaction to acquire the Deer Trail Mine (now operated by MAG Silver) after which he raised $18M in capital.
As current CEO and Director of America Pacific Mining Corp., Smith negotiated the transaction to purchase the past-producing Madison Mine in Montana, a joint venture, earn-in agreement with major, Rio Tinto, a transaction that has subsequently been nominated for the S&P Global Platts Deal Of The Year for 2020.
As an industry expert, Smith has been featured on Bloomberg, Benzinga, Mining Journal, Northern Mining, S&P Global Platts, Kitco, Traders TV and Mining Weekly and continues to be a significant early investor in both technology and mining companies.
Gwen Preston is the Resource Maven. Her independent letters chronicle her thoughts, buys, and sells in the world of mineral exploration, development, and mining. Gwen has a strong network of contacts, almost 15 years of site visits and due diligence under her belt, a solid grasp of macroeconomics and how they shape metals price moves, and a track record of finding opportunity and managing risk in the metals and mining sector.
Replay transcript excerpt
Speaker 1: Hello, everyone. Good morning or afternoon, depending on where you are hearing us. Speaker 1: And welcome to today's panel. I'm excited to be hosting this panel. We were chatting of course, in the Czech tech leading up to this moment and what's new, what's interesting. And I was commenting that, well, summer can be a little bit boring in the resource space. It can be a little bit, feel like you're speaking into a void and Speaker 1: the audience isn't interested. Speaker 1: But on this panel, we have 3, Speaker 1: you know, stocks that are interesting with great share price moves and active exploration programs Speaker 1: in parts of the United States that are getting a lot of attention. So I think this is a pretty fantastic group to run through today. Speaker 1: I'm going to start Speaker 1: with just a quick Speaker 1: sort of Speaker 1: run through of what I'm seeing Speaker 1: out there Speaker 1: in the macro space today. Speaker 1: I'll try and keep it pretty brief because I think we want to get on to the the presenters and the stock picks, the stock opportunities Speaker 1: that are being discussed here. Speaker 1: Let me do, let me underline 1st that if you have any questions, we will absolutely be doing a Q&A at the end. I'll speak, each of these guys will get a chance to outline their company, and then we'll do a Q&A at the end. So please enter your Speaker 1: questions in the chat, the questions part of the chat portal, and we will make sure that those get passed along at the end. Speaker 1: So Speaker 1: here's my talk, what forest all I see are trees. This is my cheeky way of summarizing that it's a pretty crazy macro landscape out there and everybody's reacting to individual data points, Speaker 1: in my opinion, without Speaker 1: really car...
