24 min
Demographic Shift Impacting Gold Miner Valuations explains Mining Sector Expert Brian Christie Mining Stock Education
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- Business
“There has been a bit of a demographic shift. Guys my age are retiring, and they are not putting a lot of their money to risk as much anymore. Even the flow-through market here…there used to be a lot of doctors, dentists, lawyers that would typically put money in flow-through funds to get the tax advantage. The Canadian government has changed some of those rules and made it a lot harder. So, I think that is part of the disconnect [between the gold price and gold miners’ valuations],” says mining sector expert Brian Christie. Listen to this MSE interview for more insights from Mr. Christie.
Brian Christie has vast mining sector experience. He began his career as a geologist and saw two mineral discoveries first-hand. Then he traveled the world as a journalist for The Northern Miner. Brian next served as a mining equity analyst for nearly two decades before leading the investor relations team at Agnico Eagle, a leading gold producer. Currently, Brian is on the board of directors for Wallbridge Mining and, since May 2023, is the chairman of Fury Gold Mines (MSE sponsor).
0:00 Introduction
1:30 BHP proposed takeover of Anglo American
2:52 Bullish copper
3:45 Look at smaller-scale copper producers
4:47 Can there be too much M&A?
5:57 Gold executive mistakes at cycle peaks
8:34 Exploration projects: own 100% or seek JV?
10:27 G Mining to buy Reunion Gold
11:25 Demographic shift impacting gold miner valuations
14:21 Must know geology to be successful retail investor?
15:50 Good geology will get rid of bad management?
16:44 “Balance promotion vs facts”
19:17 Naked shorting a problem in Canada?
20:57 Fury Gold upcoming newsflow
Sponsor: https://furygoldmines.com/
Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39
Fury Gold Mines is a Mining Stock Education sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our podcasts or videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
“There has been a bit of a demographic shift. Guys my age are retiring, and they are not putting a lot of their money to risk as much anymore. Even the flow-through market here…there used to be a lot of doctors, dentists, lawyers that would typically put money in flow-through funds to get the tax advantage. The Canadian government has changed some of those rules and made it a lot harder. So, I think that is part of the disconnect [between the gold price and gold miners’ valuations],” says mining sector expert Brian Christie. Listen to this MSE interview for more insights from Mr. Christie.
Brian Christie has vast mining sector experience. He began his career as a geologist and saw two mineral discoveries first-hand. Then he traveled the world as a journalist for The Northern Miner. Brian next served as a mining equity analyst for nearly two decades before leading the investor relations team at Agnico Eagle, a leading gold producer. Currently, Brian is on the board of directors for Wallbridge Mining and, since May 2023, is the chairman of Fury Gold Mines (MSE sponsor).
0:00 Introduction
1:30 BHP proposed takeover of Anglo American
2:52 Bullish copper
3:45 Look at smaller-scale copper producers
4:47 Can there be too much M&A?
5:57 Gold executive mistakes at cycle peaks
8:34 Exploration projects: own 100% or seek JV?
10:27 G Mining to buy Reunion Gold
11:25 Demographic shift impacting gold miner valuations
14:21 Must know geology to be successful retail investor?
15:50 Good geology will get rid of bad management?
16:44 “Balance promotion vs facts”
19:17 Naked shorting a problem in Canada?
20:57 Fury Gold upcoming newsflow
Sponsor: https://furygoldmines.com/
Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39
Fury Gold Mines is a Mining Stock Education sponsor. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our podcasts or videos. We may hold equity positions in some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.
24 min