Collin is a founder of Palisade Global Investments Ltd. a company that is focused on the junior mining sector. He explains that junior miners are similar in many ways to new technology companies. Some of them become very successful in making new discoveries however many will fail. Larger mining companies need to replenish their in the ground assets and they often accomplish this by purchasing these smaller companies after they make discoveries.
Currently, nearly every asset class in the world is at all-time highs. The only sector that is relatively depressed is the resource sector. This is the kind of sector where you can and should buy whenever prices are low.
They try to identify and understand what commodities will soon be in demand and then gain exposure to companies that will benefit greatly from these coming higher prices. Commodities that are interesting right now include the battery metals like cobalt, lithium, and nickel. These battery metals are used by electric vehicles and the demand for them is expected to grow dramatically. Palisade also closely follows other metals including precious, energy, industrial, and agricultural.
Eighty percent of companies that deal in resources are based out of Canada and they are a big part of the Canadian stock markets. This is one of the reasons why the mining sector is often overlooked by the public in the United States.
Talking Point From This Weeks Episode
• Precious metals are one of the few sectors with depressed prices.
• Battery metals such as cobalt, nickel, and lithium are increasingly needed.
• Junior mining companies that make discoveries are often acquired by larger companies.
About Our Guest
Collin is a private investor with a highly successful investment background in the mining and energy sectors. He comes from a family with deep ties to mining and many past successes including co-founding AuEx Ventures, the company responsible for discovering the Long Canyon deposit, which was ultimately acquired by Newmont Mining for $2.2B. Collin is well connected in the capital markets and boasts an extensive background in project finance & corporate development. Collin founded Palisade Global Investments Ltd. with Sean in early 2013 with the goal of investing in and backing undervalued junior mining companies. He is also the host of Palisade Radio, the fastest growing radio show in junior mining.