InvestorIntelReport: All sectors rise as turnaround arrives.
Not for the faint of heart — the turnaround officially arrives just in time for PDAC?
“My gut is to just keep moving forward and let the naysayers keep naysaying. This is not a business for the faint of heart…” an email received by a client this morning, words to live by I thought. Another client was shooting out invitations for meetings during PDAC at 3AM in the early morning hours. I knew he had been doing this on Friday night as well, since our editors usually send me ‘heads up’ emails. The ones that are surviving presently are examples of what true grit and determination really mean…but the sign of breakage is everywhere. Just this month I cleaned up the fragments of a Board member losing control after a takeover did not come together the way he wanted. He had combined 6 double scotches with an equal number of Jolt Colas. He was chased out of the King Edward with a beer under his armpit, and no – it’s not even PDAC yet, where this adventure is normal fare…
“Are you going to do a story on how Indaba had the worst attendance in 30-years.” asks InvestorIntel’s business development director Nick Fuller. Nah, I thought – but I do wish I was in Africa with the wind chill factor at -40C today sipping a proper glass of wine on a vineyard. Instead, it’s been 11 weeks without a day off, took Valentine’s Day off to numerous cheers and comments from associates making cautious comments with: “perhaps you need a nap.” And no, this did not come from Jack. Jack is more likely to make me want to scramble to my pharmacy for some valium and not for the reasons you may think. Hearing Jack’s truth and expert opinions straight up takes courage. So for the commenters currently whining onside, take a number and if you can’t stand the heat, get off of InvestorIntel.
The misperception that I am “one” with the InvestorIntel Editorial Team, or Advisory Board as I like to refer to our editorial linebackers is indeed untrue. Jack understands the quote “let the naysayers keep naysaying” and actually takes this a step further with “I really do not care what anyone thinks”. This of course is challenging at times as I attempt to secure paying clients so that most of our content is complimentary and it takes real courage to publish what these talented experienced professionals are really thinking – never mind what they truly believe.
As I was telling Dr. Duchesne this week: the InvestorIntel editorial team are not editors. They are in fact, the top professionals in their respective industries that come in and write commentaries translating data and often correct the media. We are the only ones that translated China’s response to the WTO properly, and called it when we said that the export licensing policy would in fact make the access to these critical materials more onerous, not less. Just wait till you see what I am publishing tomorrow AM…
Speaking of breakage, this is an official warning to anyone who calls me nearly dead drunk with “help me” this year, you’re simply going to be out of luck. Last year I hauled a physician out of bed and into a hotel to give an investor nearly 2k worth of vitamin IVs to keep him out of the hospital and return him to his family after such a phone call was received. Our team had to get hotel management to get us into his room where he was obliterated — and had missed his plane 2 days earlier. Let’s just say the “not for the faint of heart” may be the biggest understatement of the year. Think of it, with many attendees participating in a dozen plus receptions a day, at half a beer per event: this is one of the hardest core events in the world for livers to survive…
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For all of those of you attending PDAC that are not used to drinking with Canadians (never mind the Aussies): please utilize caution — PDAC is what I affectionately refer to as the annual “Party Drunk at Canada” conference and I have seen the most sensible leave with compromises that alter their lives permanently. Especially with the diving CDN dollar, the crap kicked out of most of the juniors, many Board members working on a bartering system or worse threatening to crowd finance to recover — there are more than I care to mention TSXV’s down to their last 100k and ticking close to meltdown…and nothing like tossing free booze on the fire to see what will happen…
But what if – and I mean what if: the turnaround has officially arrived?
I told you last week that it looked like we had signs of a market turnaround. This week, I was shooting emails to InvestorIntel members with “strong steady rise in online interest – should translate to mainstream market in 1-3 weeks.” And then I received the numbers. I do not usually publish on Sunday, but today: it just felt like a good day to put out some good news to kick off your week.
Here we go, and brace yourself as you’re going to love this message – all InvestorIntel member sector averages up again second week in a row:
- Rare Earths & Technology Metal up +20.94%
- Gold, Base & Precious Metals up +9.12%
- Oil & Gas up +5.44%
- Biotech up +5.02%
- Graphite & Graphene up +3.65%
- AgriBusiness up +3.39%
- Uranium & Nuclear Energy up+1.72%
Now if you want all of the goodies on who did what and how — remember, log-into InvestorIntelReport or click here to become a member. We give most everything away for free here on InvestorIntel, but not the week-in-review. And this week, we add “Nicks Snippets” as we add a Brit perspective to week in review, and a pile-up of excellent tweets that you can copy and paste or retweet…..and of course, the numbers…
An accomplished entrepreneur and corporate finance professional, Tracy Weslosky is the CEO for InvestorIntel Corp. and the VP of Business Development for Bellotti Capital Partners ... <Read more about Tracy Weslosky>