EDITOR: | March 5th, 2020 | 2 Comments

PDAC 2020: Critical materials to soar, capital markets say yes to gold and uranium may be the star in 2020

| March 05, 2020 | 2 Comments
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Finished PDAC yesterday, this annual resource and capital market social marathon was described to me best by one client as an “…annual get together with 5,000 of my closest friends.”

Right off the press from PDAC’s site, they write: “Attendance at the 88th Prospectors & Developers Association of Canada (PDAC) 2020 Convention totalled 23,144, highlighting the resilience and innovation of the international mineral exploration and mining sector.”

Let me share with you what we learned. Now some of you receive email updates from me through a special InvestorIntel email list. If you like what I sent out yesterday, or would like to be added to the InvestorIntel Special Report list, just click here to join

Distributed on March 4th — Preparing for Day 04 of PDAC this morning, let me share some of my conclusions from this significant annual event. Significant in that I often refer to PDAC as the metaphorical market canary in the coal mine. And for those of our readers new to this phrase, “a canary in a coal mine is an advanced warning of some danger. The metaphor originates from the times when miners used to carry caged canaries while at work; if there was any methane or carbon monoxide in the mine, the canary would die before the levels of the gas reached those hazardous to humans if methane gas became present and thereby alert miners to the danger.”

In my experience over the last dozen plus years I have attended PDAC, this event is our market canary and so far, you’re either going to love my conclusions, or perhaps despise them. Either way, I recommend, like me – that you pay attention to the indicators, if only for reflection.

This said, let’s start with the usual disclaimer that I am not a licensed investment adviser, and I am not making any investment recommendations. What I am is a professional writer and investment banker that is commenting on feedback provided to me after doing over 3-dozen+ interviews over the last 72 hours with CEOs attending PDAC 2020. Also, under no circumstances have I ever met anyone or any software program that could predict the future, even for the moment. So, let’s call this a gambling girl’s bet on what ‘may’ potentially be happening…. understanding that none of us truly knows….

Critical Material Market may soar in 2020:

The uptick for the critical materials sector is going to exceed even my personal hopes and wildest expectations. It started on Sunday morning, I met with a well-known investor in the sector, his comment to me was: “This sector is currently 5-minutes to midnight. We are not at the 1-minute to midnight marker yet, but we could be at any moment.” His point? If you’re not ready for this market surge, he doesn’t care – because he is ready. And let me add, I am familiar with at least 3 critical material private events, including 1 invitation-only one this week, which suggests others agree. Noted a key business story in the Globe and Mail yesterday morning titled “Canada, U.S. co-operating to secure vital rare-earth minerals”. Nothing of consequence in that text, let me add, this is NOT just rare earths, notice I stated ‘critical materials’? So, for instance, our (InvestorIntel) client ZEN Graphene Solutions Ltd. (TSXV: ZEN) (up over 40% last month) is proving that investors are indeed getting in…what’s that line? We could be closer than we think…

Increased Interest in the Junior Gold Markets:

There is increased interest from the capital markets in gold. Some gold CEOs are using terms like ‘flowing’ when referring to capital options, the CEOs from several juniors I spoke with yesterday genuinely believe we will see this translate to stock movement in the markets ‘soon’? We will see.

Copper is the Buzz Word for Billionaires:

Copper is the buzz word, or so Robert Friedland has everyone thinking. Me? I think copper is excellent if you have it or already in on a deal, but to me – once the billionaire’s start promoting the sector, it usually means that the middle-class millionaire has missed the boat to break on through to the other side!

Socially Conscious Stocks are Winners.

I interviewed Jim Payne of dynaCERT Inc. (TSXV: DYA | OTCQB: DYFSF) on Monday and he currently has the #1 moving TSX Venture stock. He was heading to go meet with Prime Minister Trudeau after our interview, yesterday I interviewed Dan Blondal of Nano One Materials…and did you see their recent news on their private placement? Instead of raising $5 million, they were oversubscribed, and raised $11 million. Enough said, the evidence is clear.

Uranium may be the star of the year!

Speaking of critical materials, we are waiting for the Nuclear Fuel Working Group to provide additional recommendations here later today, we are all waiting for the investment community to comprehend the announcement just over a week ago on the $1.5 billion commitment from the U.S. government over the next 10 years to buy American uranium —- we are watching the leaders, and it did not escape our notice that there was an increase in insider buying for leading American producer Energy Fuels Inc. (NYSE American: UUUU | TSX: EFR) last week — we did an interview with Mark Chalmers yesterday.

With all of this said, the overall resource sector not sending good indicators for the market this year in that we heard many members of management request N-O-T to be interviewed. Asking that they not be quoted, their response to questions on their perceptions would most aptly be described as tortoise-like in that they appeared to want to retreat into their shells and hide from any PR whatsoever! Why, one wonders…

Many of the TSX Venture exploration companies seemed to be ‘worn’ — the impact of 2019 on the juniors could be seen on many faces.

—— Note that the rest of the above report had our usual discussions on upcoming events, so again – if you would like to receive these reports, click here

OR, if you wanted to attend PDAC and didn’t make it…we have 42 promo videos filmed by our partners Moovly Media Inc. (TSXV: MVY | OTCQB: MVVYFyou can access below! Enjoy!

  1. Peter Clausi on PDAC 2020 https://youtu.be/CWdmlY5UjFg
  2. PDAC 2020 InvestorIntel Update with Paul Gill of Lomiko Metals https://youtu.be/VRFGOkXop1E
  3. PDAC 2020 InvestorIntel Promo Interview with Wayne Tisdale of Canadian Palladium https://youtu.be/fEgjEYLU6x4
  4. Ron Wortel kicks off PDAC 2020 – likes gold. https://youtu.be/Bbrhvei8dTc
  5. Dr Francis Dube from ZEN Graphene on PDAC 2020 https://youtu.be/Vv4eejXqdnk
  6. President Felix Lee on PDAC 2020 https://youtu.be/0U2ZoUYW1Qk
  7. Dev Randhawa of Fission Uranium at PDAC 2020 https://youtu.be/XFDVbVZKMwE
  8. InvestorIntel’s ii6 Summit Coordinator Andrew Neary on PDAC 2020 https://youtu.be/FHikopRZl9Q
  9. InvestorIntel interviews Brendon Grunewald of Moovly Media at PDAC 2020 https://youtu.be/oQ-vg1WUgCo
  10. InvestorIntel interviews the Nigerian Delegation at PDAC 2020 https://youtu.be/MGMQ4f0n8xA
  11. InvestorIntel interviews David Arenberg of DAI at PDAC 2020 https://youtu.be/HaiAahREPOw
  12. InvestorIntel interviews David Morgan at PDAC 2020 https://youtu.be/uOPz6wHWtdA
  13. InvestorIntel interviews Tom Drivas of Appia Energy at PDAC 2020 https://youtu.be/vRMIx-y03OE
  14. InvestorIntel interviews Henry Weingarten at PDAC 2020 https://youtu.be/IhA83H-O1P0
  15. InvestorIntel interviews Robert Klein of Western Uranium & Vanadium at PDAC 2020 https://youtu.be/RvEYQ72JfOA
  16. InvestorIntel interviews Dave Hodge from Zimtu at PDAC 2020 https://youtu.be/4ahbCrfGg_4
  17. InvestorIntel interviews Barrington Miller of the CSE at PDAC 2020 https://youtu.be/-ZzJFr3UK9s
  18. InvestorIntel interviews Lee Burton of Spartan Resources at PDAC 2020 https://youtu.be/O5GrQbVzYmA
  19. InvestorIntel interviews Frank Kutzschan at PDAC 2020 https://youtu.be/BFzaHEVZ6Xo
  20. InvestorIntel interviews Mark Chalmers of Energy Fuels Inc at PDAC 2020 https://youtu.be/D_TPFwO-Qac
  21. InvestorIntel interviews Alastair Neill at PDAC 2020 https://youtu.be/bGTXiYjhK2A
  22. InvestorIntel interviews Tom Meredith of West Red Lake Gold Mines Inc. at PDAC 2020 https://youtu.be/gNF-yN6ff88
  23. Brendon Grunewald of Moovly Media at PDAC 2020 https://youtu.be/CMUCbEIvqD8
  24. InvestorIntel interviews Phil McGuire at PDAC 2020 https://youtu.be/iUEQieD2yyQ
  25. InvestorIntel with the Jamaica Stock Exchange at PDAC 2020 https://youtu.be/8ro1evxJlAo
  26. InvestorIntel interviews Anthony Cohen of Plato Gold Corp. at PDAC 2020 https://youtu.be/ayC9DHjsrR8
  27. InvestorIntel interviews Pres. & CEO Cynthia Le Sueur-Aquin of Laurion Mineral at PDAC 2020 https://youtu.be/4L2H_YnJwQE
  28. InvestorIntel interviews Mike Druhan of MedX Health at PDAC 2020 https://youtu.be/vxs-5H0wTaQ
  29. InvestorIntel interviews Jim Payne of dynaCERT at PDAC 2020 https://youtu.be/c4KpBpez-YQ
  30. InvestorIntel interviews Scott Sheldon of Go Metals at PDAC 2020 https://youtu.be/I_wN9liQMeY
  31. InvestorIntel interviews John Covello of Laurion Mineral Exploration Inc at PDAC 2020 https://youtu.be/7RoPiq1ni4Y
  32. Nano One Materials’ Dan Blondal at PDAC 2020 https://youtu.be/iBUhYHAF4_M
  33. Ron Wortel speaks with Chuck Downie of Taiga Gold https://youtu.be/QU2nUrBDBRY
  34. Ron Wortel and Chuck Downie doing a PDAC Moovly…. https://youtu.be/Tk-rML80qH8
  35. InvestorIntel interviews Greg Andrews of Search Minerals at PDAC 2020 https://youtu.be/KQscepQPuqo
  36. InvestorIntel interviews Dr Randy Miller of Search Minerals at PDAC 2020 https://youtu.be/8wIfb99EUq4
  37. InvestorIntel interviews Byron King at PDAC 2020 https://youtu.be/v5uxCSmiWgY
  38. Peter Clausi and Alf Stewart discuss Searchlight Resources https://youtu.be/aLS1jxW0_ng
  39. InvestorIntel interviews Will Felderhof of Zephyr Minerals at PDAC 2020 https://youtu.be/MIrgmySm5ck
  40. InvestorIntel interviews Stephen Lautens of Angkor Resources Corp. at PDAC 2020 https://youtu.be/eRO_dR4Fvoc
  41. InvestorIntel’s CEO Tracy Weslosky on Day 4 of PDAC 2020 https://youtu.be/jBNXbg6Nir4
  42. InvestorIntel interviews Brent Cook at PDAC 2020 https://youtu.be/v8KCwFThctY

Editor:

Tracy Weslosky is the CEO for InvestorIntel Corp., a leading online source of investor information that provides public market coverage for investors for both investors ... <Read more about Tracy Weslosky>


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Comments

  • Rare Earths Investor

    Thank you for the update from PDAC. “PDAC 2020: Critical materials to soar..’ IMHO, with regard to RE (did not see too much out of PDAC on this sector) unless the US admin (and AUS) demonstrate concrete action (rather than ‘studying’, ‘interest’ ‘intend to’) with regard to a new (initially small strategic military focussed) value chain, then we will see little progress in this sector outside of China in the 2020s. Further, if a Democrat admin takes the US gov’ in November then IMO critical metals advancement as a whole will struggle in the US. GLTA.

    March 5, 2020 - 4:21 PM

  • Tracy Weslosky

    Thank you for commenting REEInvestor – your feedback is appreciated. Couple of items: (1) yes, you are correct the critical materials, namely the rare earths were off the grid at PDAC. Present, they were not on the floor and engaged in secret meetings…this said – like Conrad Black and others (I could have sworn that it was Bill Gates I saw at the Fairmont on Tuesday evening) were all having off-site meetings….; (2) does NOT matter who is President, the critical materials game is on – and is being directed by the DoC, DoE — and most importantly, the DoD. All players in place have lobbyists on the payroll a-n-d even the EUR companies are all, in the game. This said, like you, I cannot forecast the future, but what I can do is acknowledge the variables I am seeing that are being put in place. Send me an email and I will give you a complimentary delegates pass to the 8th Annual Technology Metals Summit on May 14th in Toronto, as everyone will be there!

    March 6, 2020 - 11:19 AM

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