Thursday, 22 November 2012

Brent Cook - Tips for Picking Companies with Potential

Brent Cook on Beneath the Surface with Scott Gibson.......










  • High quality, high margin so that will be a take out candidate, 
  • Big high potential projects
  • Need big potential to justify risk
  • Entering at an early stage
  • Improve odds
    • share structure
    • cash
    • geology
  • Geology
    • Right setting
    • Find economic and big
    • Alteration / geochem / trenches / soil samples
  • Companies he likes
    • Don't lose money
    • Downside covered - got upside
    • Virginia Mines - Eleanore Royalty - plus discovery potential
    • Duluth Minerals - Antofagasta drilling large system, $100m drilling. Massive sulphide not drilled
  • Valuation supports
    • Royalty streams, e.g. Virginia
    • Lydian Feasibility NPV >$1bn @ $1500, MCap $250m


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