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VIDEO Round-Up: Vancouver Resource Investment Conference 2019
Did you miss this year’s Vancouver Resource Investment Conference? We’ve gathered all our video interviews from key speakers in one place.
This year’s Vancouver Resource Investment Conference saw a slew of experts share their vast knowledge of the resource space.
The show was held in Vancouver from January 20 to 21, and saw over 60 speakers, 350 exhibiting companies and 9,000 investors descend on the city for two days of presentations, panels and more.
If you missed it, don’t worry — we’re ready to fill you in. From analysts to CEOs, the Investing News Network interviewed important players about a variety of commodities, from gold to vanadium. Keep scrolling to view all of our video coverage from the conference.
Most investors are familiar with gold’s value as a long-term investment, but the ability to use gold to make money in the short term is sometimes forgotten.
According to Jeffrey Christian, managing partner at CPM Group, the most successful investors are those who look at the yellow metal from both angles. He explains why in this interview.
Frank Holmes of US Global Investors (NASDAQ:GROW) believes gold could go as high as US$1,500 per ounce this year. But what about gold stocks? In his opinion, they’re also poised to move, and investors should be looking at ways to get in the market.
“I don’t understand it,” he said. “You’ve taken two underperforming large gold majors and you’ve made a bigger company and you expect that to overperform now? I don’t quite understand it.”
Adrian Day of Adrian Day Asset Management also shared negative thoughts on the tie up between Newmont and Goldcorp.
“Goldcorp is selling itself at a price that we haven’t seen since early 2002, we are selling the stock at a 16 percent yearly low in price,” he explained.
“That says one of two things to me: either management thinks that this deterioration in [stock] price is going to continue, or management is looking at its severance — change of control pay,” he added.
What will it take to push gold into a bull market? According to Nick Hodge, founder of the Outsider Club, the answer is “new blood.”
“I can buy gold until I’m blue in the face, and everybody in this room can buy gold until they’re blue in the face, but they’re the people that have already been buying gold for the past two decades … you need new blood, you need new capital to come in to truly propel the gold price and the gold stocks higher.”
Despite the run in metals prices at the start of 2018, Brien Lundin of Gold Newsletter says it wasn’t a good year for the space.
“What we need in the junior mining space is a consistent uptrend in gold; [a gold bull market] brings excitement back to the whole resource sector,” he explains in this interview.
David Erfle of JuniorMinerJunky says he’s “cautiously optimistic” about 2019, though he admitted that last year “junior miners acted a lot worse than [he] expected them to act.” He also shared his top stock picks amid growth-orientated producers, developer/explorers and early stage exploration companies.
2018 was also a worse year than Brent Cook of Exploration Insights expected. “Almost everything that looked like it could be a discovery, almost all ended up being a failure,” he added. In the interview above he offers tips on due diligence and how to identify warning signals when evaluating projects.
“I think the major shift has finally taken place. Gold is inversely correlated to the stock market, [and] I think the stock market has peaked at least for awhile,” says David Morgan, publisher of the Morgan Report, in the video above.
“I could be wrong, but if that’s true you’ll see more and more money moving out of equities and into gold. I think that will be a trend starting this year.”
Byron King of Rickards’ Gold Speculator also commented that 2018 was a negative year, but pointed to a silver lining he’s seeing for the stocks he covers.
“Everybody has a plan, and they’re all moving forward and executing crisply. And I’m very pleased with the results that I’ve seen in companies,” he said. “Their share price might be down from a year ago in many cases, but they’re better companies … these companies have done better over the last year.”
It’s a new year, but for Thom Calandra of the Calandra Report the key tenets of investing remain as relevant as ever.
“Be as skeptical as you can about resource companies. I mean, let’s face it — anybody can get into this business,” he said on the sidelines of the show floor.
Although “the pain of the last few years still lingers,” James Kwantes, editor of Resource Opportunities, is also looking on the bright side. “These things are cyclical,” he explained, “and it’s going to come — the upcycle is going to come.”
There’s upside for Brazil’s mining industry now that the country has a new president, says Remi Piet of Americas Market Intelligence in this video. He also touches on issues investors should be looking into with regards to the upcoming Argentine and Bolivian elections this year
Founder of Keystone Financial Ryan Irvine has some straight advice for investors: stay away from stocks that make headlines and stick to businesses that fly under the radar and are maybe just a little “boring.”
Excitement around nickel is being driven by the metal’s electric vehicle applications, and Brian Leni of Junior Stock Review believes there’s huge potential for this demand source to be disruptive.
“This is around 1.1 million tonnes of demand, and the fact is [nickel is] a 2-million-tonne market, so you’re looking at roughly 55 percent of extra demand over the course of the next 10 years,” he said. “This will have an impact, if it comes to fruition.”
Interest in vanadium is running high, and investors interested in the space have an increasing number of companies to consider. In this interview, Andrew O’Donnell, managing director of Supercharged Stocks, says it’s important for investors to consider what they want in a vanadium stock.
He explained, “whether you’re talking about VanadiumCorp Resource (TSXV:VRB,OTC Pink:APAFF) … or Prophecy Development (TSX:PCY,OTCQX:PRPCF) or First Vanadium (TSXV:FVAN,OTCQX:FVANF). All these companies are interesting for their own merits … it isn’t just kind of compare this one to this one, it’s that — what are you looking for?”
In this wide-ranging interview, he also offers his take on US-China trade war and how it presents a win-win for global markets, and shares his opinion on investors speculating in the commodities market.
Uranium remains a hot commodity after a significant price increase in 2018, and many experts expect further gains this year. Here Niko Cacos, president and CEO of Blue Sky Uranium (TSXV:BSK), discusses the commodity’s prospects and his company’s activities in Argentina.
Don’t forget to follow us @INN_Resource for real-time news updates!
Securities Disclosure: I, Charlotte McLeod, hold no direct investment interest in any company mentioned in this article.
Editorial Disclosure: Blue Sky Uranium and VanadiumCorp Resource are clients of the Investing News Network. This article is not paid-for content.
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.