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Luc Ten Have – Precious Metal IPOs Have Crashed, It’s Critical To Find Well-financed Companies

Cory댊
October 13, 2021

Luc ten Have, private resource investor, joins us to share his thoughts on the broad precious metals stock sector and outline the general drop in all the new listings in the sector. This ties into a general discussion on the importance of isolating companies that are well financed at least a couple years out.

 

 

Click here to follow Luc ten Have on Twitter.

Discussion
6 Comments
    Oct 13, 2021 13:23 PM

    Always nice to get thoughts from Luc Ten Have on how he is approaching investing in the junior resource space, what companies or subsectors have his attentions, and how he is managing his portfolio.

    Ever Upward!

    Oct 13, 2021 13:26 PM

    Excellent question about “exit”. Luc ten answered like I would have when asked about when to exit a metals market. “I can’t say for sure, as I am not very good at the exit part.” Or words to that affect.

      Oct 13, 2021 13:19 PM

      Yeah, sometimes the best and honest answer really is “I don’t know.” I think a lot of Luc Ten Have, the way he approaches trading the junior resource stocks, and was just curious if he had a plan or strategy around exiting a position and knowing when it was time to rotate into another company. It really is just as much an art as a science. 🙂

    Oct 13, 2021 13:38 PM

    I do have some Volcanic Gold which Luc mentioned as one of his cashed up companies. I will need to keep it in the possible add pile.

      Oct 13, 2021 13:24 PM

      Yes, I have a position in Volcanic Gold as well, and like the exploration success their team has been having at Holly, and am particularly interested in how their deep hole assays are going to come back. In addition, it will be interesting to follow along at how things go at the Banderas project, where the drill is going to move next, in a month or so.
      .
      As Luc had outlined in that post he did on Twitter, (VG) is plenty cashed up with over $8 million to keep drilling in 2021, and bring a 2nd rig in to drill both projects for 2022. They can just do work and let the results speak for themselves, without needing to raise in the immediate future, so that is a plus.