Canada Stocks

Largest Canadian finance page on Instagram with over 21k followers! DYODD

[Equity Research @equ1tyresearch]

The Carlin Trend is one of the most prosperous gold regions in the world, located in the heart of Nevada.

Host to over 40 mineral deposits, this area has been generating wealth for investors for decades.

Showcase Minerals $SHOW.CN has the right to acquire two projects in this area, the Dixie Flats-North Star project and the Woodruff project.

[Equity Research @equ1tyresearch]

The right hand man of Pierre Lassonde, mining billionaire, is Kerry Sparkes. He’s been with him for years, evaluating all the projects for Franco Nevada as their V.P. of geology. Today, Franco Nevada is a $36B company.

Kerry Sparkes is one of the top geologists in the world and he’s part of @MatadorMining’s board. A gold exploration company with a 120km land package in Newfoundland.

[Equity Research @equ1tyresearch]

One of the things that makes @AclaraResources stand out is their extraction process!

Without crushing or milling, Aclara generates significantly less C02 emissions that any other rare earth metals company.

Listen to Aclara’s CEO, Ramon Barua describe their extraction process!

[Equity Research @equ1tyresearch]

BREAKING CHINA'S GRIP ON THE RARE EARTH METALS MARKET! - @AclaraResources Interview + Analysis LIVE NOW!

We've sat down with Aclara Resources CEO, Ramon Barua to discuss their recent news release and why investors should care about Aclara Resources.
https://t.co/5R4z81n877

[Matthew Nelson @matthewrnelson_]

“This looks like early Goldcorp” - Bay Street Legend Mike Wekerle

@MWekerle and @Frank_Giustra are suited up in mining gear, riding deep underground in an ATV, exploring the tunnels of the Madsen gold mine in Red Lake, Ontario, Canada.

Both shareholders of @WestRedLakeGold (TSXV:WRLG), they’re excited to explore the further potential in a region that they've both profited enormously from in the past.

The last time these two collaborated on a mining venture in Red Lake it became the world’s largest gold producer by market value.

They reminisce about when in 2005, Wekerle helped broker the merger between Frank Giustra’s Wheaton River Minerals, a profitable emerging gold miner, and Rob McEwen’s Goldcorp, the dominant gold producer in the area.

(I am a university student with a passion for mining and finance. I was on a tour of the Madsen mine the same day these legends were visiting, and when the opportunity arose to share a ride in their ATV, I eagerly leapt at the chance.)

Those earlier years were a frantic time in the gold mining sector, with companies vying for growth at all costs.

In December 2004, Glamis Gold made a predatory $3.4 billion bid to acquire McEwen’s Goldcorp.

Frank Giustra had founded Wheaton River Minerals, which was a multi mine producer and market darling at the time. Brokered by Wekerle, an advisor to GoldCorp, Wheaton River Minerals stepped in with a friendlier deal to thwart Glamis. Goldcorp and Wheaton merged, with Wheaton’s team leading the combined company.

Before the ink had dried, Goldcorp turned the tables on its would-be predator, acquiring Glamis Gold in a $8.6 billion coup, financed by offering up nearly 40% of its shares.

Goldcorp ultimately reached a market value of C$50 billion, and from it emerged Wheaton Precious Metals, today worth $27 billion.

As if scripting a sequel to an epic saga, nearly two decades later, the duo of Giustra and Wekerle are drawn back to Red Lake. This time, they've acquired the Madsen mine for pennies on the dollar.

The Madsen mine had a prosperous run between 1938 and 1972; nonetheless, it was under Pure Gold Mining (PGM)’s's initiative that the mine saw a resurgence in production. On December 16th, 2020, a significant milestone was achieved by PGM, the first ore from the Madsen mine was delivered to its mill.

That day, PGM reached a peak valuation of $1.2 billion, with the Madsen mine being their crown jewel. PGM was set to be Canada’s next major gold producer.

Yet dreams crumbled; Q1 production was 70% below expectation. Covid cost the company time and money in its production ramp up. Certain corners were cut as the previous management was betting on a sale of the company. With mounting debt, PGM turned to the market to raise money.

Three financings later, each gloomier than the last, the creditor axed Madsen in October 2022.

Madsen was for sale, but nobody dared to touch it. At least that was until Frank Giustra, legendary mining financier and Red Lake veteran swooped in and acquired it on May 18th for $6.5M cash and 28.46M shares (worth about $10M) through West Red Lake Gold Mines, where Giustra acquired an 18.1% stake. Wekerele soon stepped in as a significant shareholder.

Madsen was a massive failure in the eyes of most investors. Although, if the history of Red Lake has taught us anything, it's that mines in the area can deliver an upside surprise and they often get richer at depth.

Similarly, before GoldCorp became the largest gold company in the world, they were severely underperforming. That’s when Rob McEwan, in a feat of desperation, came up with one of the most creative strategies the mining industry had ever seen, the “GoldCorp Challenge.”

McEwen decided to share Golcorp's proprietary geological data with the public in the form of a contest. He believed that by opening up the data to a wider audience, talented individuals and experts outside the mining industry could potentially find untapped gold deposits on Goldcorp's land.

The Goldcorp Challenge invited participants from around the world, including geologists, mathematicians, computer scientists, and even students, to analyze the provided data and submit their exploration models. The competition offered a total of $575,000 in prize money.

The challenge garnered significant attention and participation, and the results were remarkable. Many participants discovered previously unrecognized gold deposits and offered valuable insights into the geological potential of Goldcorp's property. Some of the winning submissions identified gold reserves that had been overlooked by Goldcorp's own geologists. The result set Goldcorp on a path to become the most valuable gold miner in the world.

Although the Madsen Mine is still haunting investors, Giustra believes it too may hold immense turnaround promise.

Learning from the mistakes of PGM, West Red Lake Gold plans to restart the Madsen mine with caution and control.

On June 6th, they appointed @minedeveloper as CEO. Shane formerly led the permitting and construction of the Lamaque gold mine in Quebec in just 18 months, today one of Eldorado’s best performing assets.

“I see a major opportunity here to establish a significant mining company,” Williams said. “Our goal is to build the premier growth-focused gold company. We will expand and de-risk the Company’s assets through comprehensive and modern techniques. Getting Madsen back up and running better than ever is just one part of our vision to create a world-class company and I will bring all of my energy to the role.”

As outlined by the newly appointed CEO Shane Williams’s vision for the mine restart is as follows:

De-Risk Resource: this involves identifying the near-term high-grade zones.

Restart Planning: complete necessary studies such as PEA, PFS, FS and evaluate optimal mining methods

Restart Execution: initiate full restart once the project is fully optimized. Invest in people and infrastructure. Focus on maintaining bottom-line profitability.

After completing over $27 million in financing, West Red Lake Gold Mines is now valued at $125 million, roughly 10% of its market value just two years ago.

“This is an amazing opportunity to create something substantial because all the pieces of the puzzle are here.” - Giustra

Watch Giustra, Wekerle and Williams describe the potential for Madsen in a new company video:

[Canada Stocks @canadastocks_]

Imagine going around the monopoly board, collecting your $200, and never investing your money.

That's what it's like when you are living paycheck to paycheck and never start investing your money.

You win monopoly by acquiring assets,
NOT by saving your $200 salary.

[Canada Stocks @canadastocks_]

This is why you should invest

Let’s use Monopoly as an example.

-->

[Canada Stocks @canadastocks_]

If you start investing at 18 and contribute $500 month to an S&P 500 index fund returning 10% per year

You'll be a millionaire by 48 years old

[Canada Stocks @canadastocks_]

A brief list of Canadian ETF’s for a “set it and forget it” portfolio

VFV - tracks top 500 American stocks
VDY - tracks high dividend paying companies in Canada
XUU - tracks the full U.S. stock market
XIU - tracks top 60 TSX listed stocks
XAW - tracks global markets

[Matthew Nelson @matthewrnelson_]

Mom just gifted me this framed photo.

That’s downtown Vancouver’s Randall Building in the early 1900s.

If you look closely, the FIRST EVER stocks and bonds business in Vancouver was started here, S.W Randall & Co. Ltd.

That business was started by my great great grandfather, Sam Randall, a Vancouver business legend that very few know of. Operator of the horse track for over 30 years, he was known as “Mr. Racing” in BC.

The Randall building still stands today in downtown Vancouver and there’s a Randall cup every year at the horse track.

This is what the “R” stands for in @matthewrnelson_

[Canada Stocks @canadastocks_]

Historically, reinvesting dividends makes you significantly richer over time compared to just collecting them...

Compound interest is the secret sauce. When you reinvest dividends, you get more stock which produces even more dividends.

[Canada Stocks @canadastocks_]

P/E Ratio = Price per Share / Earnings per Share

Price-Earnings Ratio is essentially your slice of the pie. Put another way it's what you would be required to pay for $1 of a company's earnings.

P/E's can tell you how expensive a stock is relative to the market.

[Matthew Nelson @matthewrnelson_]

Grateful that @KitcoNewsNOW enjoys my articles enough to publish them on their site!

Go check my article about my recent interview with @keith_neumeyer, live on Kitco https://t.co/CNd7fQUPie

[Canada Stocks @canadastocks_]

You're destined to become a millionaire if you have continued to buy stocks during this bear market despite all of the fear and panic

[Keith Neumeyer @keith_neumeyer]

Nice to have a chat w\ @matthewrnelson_ on a variety of topics outside of my typical mining discussions - #Entrepreneur in training, Persistence & Stubbornness… never give up !!!

[Matthew Nelson @matthewrnelson_]

From a desolate mine in a ghost town to a $2.5 billion dollar empire. This is the story of how @keith_neumeyer stubbornly predicted $50 silver in one of the worst downturns in mining history and CAPITALIZED on it.

[Matthew Nelson @matthewrnelson_]

From desolate mines to multi-billion-dollar companies, @keith_neumeyer's relentless vision and stubbornness made it possible. How he outsmarted the market, went for silver when nobody else was and created an empire. FIRST TIME USING A FULL STUDIO, LIVE NOW https://t.co/FeckUTd82k

[Matthew Nelson @matthewrnelson_]

The power of visualization: how it helped turn an abandoned mine into a $2.5 billion dollar company. @keith_neumeyer shares some of his entrepreneurial secrets!

[Canada Stocks @canadastocks_]

Asset = Things that make you $
Liability = Things that cost you $
Stock = Slice of Ownership
Index = A list of stocks
ETF = A basket of stocks
Bond = A loan to a business/gov
Portfolio = Everything YOU own
Dividend = Profits shared with
investors

[TSX Penny Stocks @TSXPennyStocks]

After a not so great year, attention has been taken away from #tech and may leave opportunities in the #stockmarkets. If you are looking to invest in tech, consider this as a diversified way to spend $1000!