Nolan Watson was the very young CFO at Silver Wheaton and then went off to set up Sandstorm, another streaming company which raises equity to finance mining projects in return for a future metal stream at fixed prices. Sandstorm stock has done very well and is now US listed $1bn company.
Another good interview from Tommy Humphreys at CEO.CA
http://ceo.ca/nolan-watson-interview/
And a shorter one from the Denver Gold Show
http://www.youtube.com/watch?v=z2j3ZOo-Szk&feature=related
Watson expects to spend $300m.
(Update 19th Sept invests $60m in streaming agreement with Colossus (CSI.TO)
As posted here before the royalty companies have cash when others don't or are afraid to invest or lend to miners.
Makes the point that he gets most interest from companies with high management stakes where they want to avoid dilution - good for company shareholders. (not so true of Brigus and Metanor who have diluted !)
For leads to emerging production miners with funding from Sandstorm see list here and follow the news on new investments.
http://www.sandstormgold.com/projects/
Watson indicates his own investments follow good people to good projects. He is currently focussed on near production and cash flowing companies.
Watson is a director and insider at Bear Creek Mining with Catherine McLeod Selzer and at Blue Gold with Ex Fronteer Gold management Mark O'Dea, and Donald McInnes
Seeking Junior Gold Miners and Silver Miners for Investment. Manage Your Hope & Fear. You really cannot just buy and hold - sell some to greed - buy into fear was never more true but hard to do.
Pages
- Home
- Site Map - Guide
- Good People In Good Projects
- Junior Gold with a Major Mining Shareholder
- Gold Merger and Acquisition Targets - Denver Gold Companies
- Emerging Multi-Project Consolidators - Growth - Mergers & Acquisitions plus
- Project Generators
- Emerging Gold Producers
- Old Gold Mines - New Exploration
- Regional Exploration
- Gold & Silver Discovery Stocks
- Large Low Grade Gold Deposits
- Silver Miners . . . . . .
- Junior Gold Stock Newsletter Picks
- Junior Gold Miners Stock Selection & Trading . . . . . . .
- Due Diligence - Gold Deposits, Production & $/oz
- Gold PEA / PFS / DFS / BFS Company Updates - NI 43-101 / JORC
- PDAC 2012 - Core Shack
- News - Stock Movers - Insiders - Broker Upgrades - Earnings - Warrants
- Why Gold ?
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment