March 3, 2018
By Dudley Pierce Baker
Founder – Editor
http://JuniorMiningNews.com
http://CommonStockWarrants.com
Let the games begin and the b.s. fly….
In past years I have heard Rick Rule several times cautioning investors at resource conferences to stay away from most of those companies attending and presenting. Most of the companies will never produce anything and will only sell shares, rollback, sell more shares, rollback, etc., while of course management will continue to draw salaries and investors suffer the pain of a lousy ‘investment’. There is a lot of s… out there.
Of course, I am referring to the smaller players/exploration companies not to the big boys, i.e., Goldcorp, Kinross, Agnico Eagle, etc.
There is an incredible line up of around 500 companies attending/presenting at PDAC this year which starts on Sunday, March 4 and runs through Wednesday to 12:00 on March 7.
Many of these companies, in my opinion, are there out of pure desperation, yes desperation. They are all in competition to get your investment dollars.
Truth is that it costs each company attending a minimum of $10,000 to $15,000 and some of them probably don’t even have that much cash in the bank. But they believe (out of desperation) that they need to be at PDAC to try and get your attention as to their individual story. Most of the companies management are nice guys/gals that you might like to have a drink with, but do they really know the details or even believe in the story themselves?
So, just be aware of what you as an investor are up against and ask the right questions of management of those companies which you ‘think’ you might be interested.
Perhaps the single most important question for the CEO or other officers of those companies is simple:
How many shares do you own?
You want to know if management has skin in the game. I have been lied to before by management but thankfully have a subscription to INKResearch.com where I can verify in a few seconds the insider holdings of all companies. In my services I provide a link to recent insider activity on all shares which I personally own and also on all of the companies with stock warrants trading in the United States and Canada, all of which are in our databases.
Click on this link to take you to the list of companies presenting this week at PDAC.
Here are some of the companies at PDAC which I follow or own, some of which have stock warrants trading. If you visit them, tell them Dudley said hello.
Alamos Gold Northern Dynasty Minerals (warrants)
Atlantic Gold (warrants) Osisko Gold Royalties (warrants)
Avino Silver (warrants) Palamina Corporation
Eagle Plains Resources Quaterra Resources
Energy Fuels (uranium) Riverside Resources
Fancamp Exploration Sandstorm Gold (warrants)
First Mining Gold (Finance) UEX Corporation (uranium)
Gossan Resources
Marlin Gold
Minaurun Gold
Montero Mining Exploration
Enjoy your time at the conference and visit as many companies as possible, but remember what I said above.
If you would like to know more about stock warrants, get my Free book by clicking on the link below:
