The implied market-risk premia is below. They wouldnt have had the same knowledge as our management team did. Date Recorded: 7/12/2022 | Run-Time: 52:36. And so thats where were a little bit different. If approved, the company can go to market at various times, as needed, Twitter, Tesla, and Netflix Earnings all on Tap This Week I bet that comes down, and I bet maybe its just all the Canadians and Australians who are not on vacation right now or something, and theyre all voting because this seems way high relative to what I would expect. I finally agreed to go and join him. And you had these large investment banks, Wall Street investment banks, writing reports with these crazy projections, going, This So I started shorting it and I kept going up, and I kept getting margin calls. I wrote this article myself, and it expresses my own opinions. Disruptive technology, strategic partnerships to enhance offerings and geographical expansion are all positive catalyst for the stock, Here are the 5 Most-Loved Stocks By Retail Investors For The Week Ending 15 July 2022 I think people underestimate how much size matters in the gold mining business. All right. They dont care as much as you. That was basically the story. . Theyre fully priced to todays gold price. As can be observed, there's a close correlation between the stock price and EPS, but this has diminished in 2021 for no apparent reason at all. Well, people forget about bear markets, which this generation has never, ever, ever seen a bear market. Meb: Very cool. Like, are there a lot of distressed properties or people looking to sell mines, or what is the overview of sort of the mining sector for a potential buyer or seller today? Despite the current macro trends, the Company and precious metals outlook remains optimistic. If you love the show, if you hate it, shoot us feedback at themebfabershow.com. Legal Disclaimer: MENAFN provides the information as is without warranty of any kind. But to get back to your question, large, good, gold ore bodies are very rare. Is this salad sort of olive oil? Of course, I cant remember the 1929 crash like Frank can, but I think we are in for a period of down stock prices in a bear market, and it will last longer than anyone expects. Frank: I might be giving away trade secrets, but every situation is different, okay? . Thats a lot of ounces of gold as a starter kit, per se. Guests: Frank Giustra & Ian Telfer are mining executives that built Goldcorp into a $50 billion business. At Phoenix, proven reserves were estimated at 9.4Mt grading 0.66 g/t representing 0.20Moz of gold and 94Mt grading 0.59 g/t representing 1.8Moz of gold as of December 2019. The metric indicates that you'll probably return less than you take risk on the stock, but I still think it's a great investment, and this statistic can't be looked at in isolation. Direct access to our data from your apps using any programing language. Look at Benchmark Metals Inc. (TSXV: BNCH) (OTCQX: BNCHF). Then there's a disconnect between historic correlations. We were excited about the timing, and we were excited about the opportunity, and we were very happy with how it all unfolded. Production continues to outpace the 2022 production guidance of 6.7-7.6 million silver equivalent ounces, totaling 4.1 million AgEq oz for the six months ended June 30, 2022. The total proven and probable mineral reserves for the Carlin complex, Nevada Gold Mines are estimated to be 190Mt grading at 3.32g/t Au, containing 21Moz on a 100% basis as of December 2019. USLUX - Holmes Macro Trends Fund I think thats something to be very worried about because, as I wrote recently, we can all go into a severe recession. High-grade gold and silver rock grab samples and kilometre-scale soil geochemical anomalies are robust areas of interest that are currently being advanced to the drill-testing stage with the collection of high-resolution ground magnetics and additional rock grab sampling and mapping. A strong management team goes a long way in creating shareholder value; I'm thus very excited about this aspect. So, Ian, do you have anything to add to that? When we say well close, we close. And so, had another company come in like a larger, say, Newmont, whatever, they wouldnt have had the same local ability to work with communities, work with government, to make things happen in that country. Just talk to us a little bit about if we were to do this in 2, 3 years and we said, Hey, you guys have 10X, 50Xed this company, and we look back, like, what would be the kind of big drivers in the mining sector for you guys? In todays episode, were talking all about gold with two of the most knowledgeable and successful operators and executives in the space. And as we looked around for opportunities, we found this company called Wheaton River Minerals, and they had run out of ore, and they had a little bit of cash, and theyd run out of ideas. And over the next seven years, I guess we bought about nine gold mines. I, however, anticipate the entity to bolster topline earnings significantly moving forward. And whenever a Goldcorp disappears into Newmont, well, that creates a vacuum for someone else. And so I think that theres a good chance that gold could play a role in whatever the monetary system reset is, simply because all the central banks already own it, theyre acquiring more and more of it every year. Meb: Presumably, and this is hard to quantify, but thinking in terms of sort of the wind and the sails of precious metals, about how much attention, particularly with the younger crowd, has been diverted for those seeking sort of a safe haven mindset of two crypto type of vehicles that otherwise may have gone to precious metals. Ian: Well, the only thing I would also comment on, though, is you look at the track record of the management teams. Whether theyre extreme heats, droughts, floodsI mean, theyre happening places where these things shouldnt be happening, and theyre really killingIts weighing heavily on agricultural output. Its finishing oil. When you analyze dividend prospects, you usually benchmark it against historical averages unless the company's size has changed dramatically (i.e. (MENAFN- Baystreet.ca) It could play out many ways. Frank: I thinkListen, its a combination of things, and Im sure Ian will add to what Im going to say, but management, really important, especially in the approach that we take, okay? Email us Feedback@TheMebFaberShow.com. ! The objective, and when you say, when we look back, lets say 3, 4, 5 years from now, whats the objective? Winning Media is only compensated for its services in the form of cash-based compensation. So, fellas, tell us where youre located today. So they see the writing on the wall. Frank: The favorite is what we call the Novello Di Notte, which means its new oil made at nighttime. A lot of people can get burned with stock selection in any sector, but gold mining was one that I feel like is fraught with places to avoid. Is it more crypto fraud? World and Middle East business and financial news, Stocks, Currencies, Market Data, Research, Weather and other data. Speaking after his meeting here today with Balochistan chief minister Abdul Quddus Bizenjo, Bristow said that in the negotiations Barrick and the Government of Pakistan had worked to ensure that Balochistan will receive a substantial share of the benefits generated by Reko Diq.

Then you always have some money forif you want to take the risk, youll look at companies like ours and say, Okay, I want to buy a growth company. With growth and ambition comes risk.

CA62931J1104 / NG Energy International Corp. USU30268AD51 / Pacific Green Energy Corp. B. Riley, Buyout Once Rebuffed, Raises Lazydays Stake, SoFi Files $1 Billion Shelf Registration for Several Classes of Securities, Twitter, Tesla, and Netflix Earnings all on Tap This Week, Quotient Limited Should Rally As Insiders Increase Stake, Here are the 5 Most-Loved Stocks By Retail Investors For The Week Ending 15 July 2022, Here are the 5 Most Hated Stocks By Retail Investors For The Week Ending 15 July 2022, Insiders Bet on the Return to Normal with Dave & Busters (PLAY) Stock Acquisitions, Cannabis stocks rally as US Senate expected to introduce decriminalization bill next week, Bank Results Weighed on US Stocks Thursday, Exela Shares Rose Wednesday After Asset Sales Plan Update. They, Oh my God, I bought this, it doubled. . I mean, the recent examples last year was with, and still ongoing, but some of these meme stocks that took down very large short sellers. Is it really sharp elbows or is it not so much? Carnival Corp (US:CCL) Central bankssince 2010, central banks around the world have been on a gold-buying binge. Well, in fact, it is a currency, and every central bank in the world knows its a currency. Give us a little guidance for those looking to deploy some cash here. Pursuant to an agreement Winning Media has been paid three thousand five hundred dollars for advertising and marketing services for Benchmark Metals Inc. by Benchmark Metals Inc. We own ZERO shares of Benchmark Metals Inc. For making specific investment decisions, readers should seek their own advice. Tell us just a real quick overview of what that was. Episode #353: Artem Milinchuk, FarmTogether, Everything Pointed Towards This Massive Democratization of Alternative Investing, 1:23 Welcome to our guests, Frank Giustra & Ian Telfer, 2:12 The number one olive oil in the world, 3:14 Frank & Ians connection in the gold space with Goldcorp, 13:44 The genesis of their new project, Aris. It's calculated as the square root of the variance; the variance is a sum of explained and unexplained variance to calculate the variation from the mean. And we say theres kind of two big quant factors that really are positive for gold, one being negative real interest rates, which we certainly have, and the other being an inverted yield curve, which we have. We call it finishing oil, so use it for salads, dipping your bread, finishing meats, pasta, soups, whatever. And then over the next s7 or 8years, it got up to almost $2000. Anything on the brain? The stock has a decent dividend yield, but I have reason to believe it will increase. Meb: We did a post on this. So I dont know. API users can feed a custom application. It is exquisite. Perfect. And so, searching for them is a challenge, and finding them is an issue, and competition for them is always around. Give us a little background. And Frank and I, we recognized that 20 years ago. Actually, the peak was 1966. Meb: Ian, any additional insight? Frank, maybe give us a little framework for how to think about gold.

Please check your download folder. Frank: Ill go first here. The Company is currently completing ground-based magnetics, bedrock mapping and additional rock prospecting in the Kodah and Round Mountain occurrence areas to further develop prospective drill targets. Meb: I think I got the sampler. Well, that all ended in 1969. Benchmark has advanced technical and engineering drilling in progress towards its Feasibility Study for 2023., Kodah-Round Mountain Target Area Highlights. Youll have to just keep an eye on announcements for the various companies Im involved in to see what Im up to. Anything that youre thinking about, anything thats keeping you up at night, or putting you to sleep, that we havent talked about? And I love the phrase success leaves traces. And so, gold mining as a sector, the stocks havent been doing a whole lot for a while, but what are some of the important drivers that the market, on a security level, really looks for? And people forget that weve been accustomed, weve been conditioned to believe that you buy on the dips, that the Feds going to come to the rescue, all of these stupid things that work for long periods of time until they dont work anymore. Well, guys, were going to talk about all things gold, macro, mining. The earnings call will also be carried on the Company's website. Thank you for taking the time to join us today. Most recent portfolio value is calculated to be $ 50,018,740 USD.

And going back to what Ian was saying, at the beginning, when no one believed in the gold price, there were very few of us. And if it does come, I wonderIm just curious if there will be a knock-on effect, and if it really will have an impact on the rest of the housing market, stock market, the economy. Meb: All right. To me, management is everything. Ian: For me. So, putting the two together, the gold price and the speed at which we were acting, thats what really created all the value. Meb: Lets start to take a little walk forward to what yalls new ideas? , According to a report by, : "The total proven and probable gold reserves for Nevada Gold Mines complex is 29.8Moz. Well, I think that this time is different. And so, even when the price of gold is down, and theres no excitement about the equity markets, theyre still never cheap. Green rows indicate new positions.