By now, you know that I like get to know management. When investing in smaller companies, you are really just investing in people. When you are risking your own money, you can never know enough. There’s nothing like alcohol to ferret out the truth. I was at an industry conference to learn more about a company that I owned a small position in. The ... Read More

In Part I, I made the case for mining services companies and in particular for those that are focused on greenfield projects. Now, I want to talk about two companies I own, Aeroquest (AQL: Canada) and Energold (EGD: Canada). To summarize what I wrote in Part I, the mining industry is not spending enough to replace annual depletion, much less grow production. The majority ... Read More