John McCoach: Great TSXV Stories Still Exist
In this VRIC interview, McCoach touches on the TSXV’s recent town hall meetings and what’s being done to stoke investor interest in TSXV-listed stocks.
The junior mining space is currently in a slump, and that slump is perhaps most clear when looking at the recent performance of the TSX Venture Composite index (INDEXTSI:JX). It’s down 26.47 percent in the last year and 78.7 percent in the last five years, and recently hit a historic low.
With those stats in mind, it’s perhaps unsurprising that the TSX Venture Exchange (TSXV) recently hosted a series of town hall meetings aimed at discussing proposed changes to the exchange (the Vancouver meeting was reportedly particularly spirited). “We decided to consolidate a lot of ideas that we’ve had … but more importantly gather stakeholder input on ideas that our clients have, and implement them as a package,” TSXV President John McCoach explained at the recent Vancouver Resource Investment Conference.
McCoach also touched on a variety of other issues, including:
- Requirements for listing on the TSXV: “So far that the majority of people feel that our continued listing standards … are about at the right level, and that we should continue to be transparent about that and to enforce those,” he said.
- Investor access to TSXV-listed stocks: “We’re also working to reduce the barriers for US investors accessing the Canadian capital markets,” McCoach noted.
Watch the video above for more of what McCoach had to say, and be sure to check out the rest of the Investing News Network’s interviews from the conference.
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: The Investing News Network does not guarantee the accuracy or thoroughness of the information reported in the interviews it conducts. The opinions expressed in these interviews do not reflect the opinions of the Investing News Network and do not constitute investment advice. All readers are encouraged to perform their own due diligence.
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