Brisco Capital’s Koyich on Goldplay’s two ‘perfect’ properties
“With Marcio we are right in the middle of the Sinaloa District and we have set up two perfect properties, San Marcial being on the silver side and, of course, El Habal on the gold side. I think that we have positioned ourselves for success, obviously with the share structure and the two properties and our shareholder base.” states Scott Koyich, President of Brisco Capital Partners Corp. and Investor Relations Counsel for Goldplay Exploration Ltd. (TSXV: GPLY | OTCQB: GLYXF), in an interview with InvestorIntel Corp. CEO Tracy Weslosky.
Tracy Weslosky: Scott you are the investor relations counsel and a significant shareholder of Goldplay Exploration. Is that correct?
Scott Koyich: That is correct.
Tracy Weslosky: Now everybody knows I am actually a gold bug. I love gold and I think more people should be looking at this market right now. Can I get your comments on getting more investors to be looking at gold and silver exploration plays in the market?
Scott Koyich: I think there was a survey that I read that the perception and the investors’ psyche for gold and precious metals in fact are at an all-time low so it is very, very difficult. Most investors that are in the precious metal cycle are either stuck and looking to get out, but it is very difficult to track new blood simply because of the negative sentiment out there.
Tracy Weslosky: Scott we, of course, believe that there are a lot of advantages, of course, buying at this point in the market. One of your many competitive advantages are your capital structures. We are assuming you have a lot to do with that. Can you tell us a little bit more about the competitive advantages of Goldplay Exploration’s capital structure please?
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Scott Koyich: I think that it is important for any equity to have a strong capital structure because if you do not it is very difficult to get equity appreciation especially with algorithmic traders and electronic traders, etc. What ends up happening is we set this up for perfection so 34 million shares, management has 22%, Marcio has 9%. He keeps touching the 10% threshold and obviously our significant shareholders, Sandstrom and JDS and now SSR, it makes the equity appreciation that much easier obviously if we get a tailwind.
Tracy Weslosky: There are a lot of gold and silver exploration plays in the market right now competing for investors’ attention. In addition, of course, to the management, the board of directors and capital structure, let us talk about the real prize, the gold and silver in your respective properties. Can you give us an overview please?
Scott Koyich: At Brisco Capital, which is the company that I run, we have just taken two companies on the road that have done extremely well. Both Silvercrest Metals, which Marcio, of course, was involved with Silvercrest Mining and then, of course, Great Bear, which just had a great hit at Red Lake. With Marcio we are right in the middle of the Sinaloa District and we have set up two perfect properties, San Marcial being on the silver side and, of course, El Habal on the gold side. I think that we have positioned ourselves for success, obviously with the share structure and the two properties and our shareholder base. With success over time at a $5 million dollar market cap this company is poised for success for sure…to access the complete interview, click here
Disclaimer: Goldplay Exploration Ltd. is an advertorial member of InvestorIntel Corp.
Raj Shah has professional experience working for over a half a dozen years at financial firms such as Merrill Lynch and First Allied Securities Inc., ... <Read more about Raj Shah>