I’m excited to report that I’ve become the President/CEO of Advance Gold (AAX.V) that will help me put together my team to back me up with Advance Gold as well as Alset Energy where I recently joined the team as President/CEO of that company as well. These two companies are small junior mining companies, with me leading both I can spread the cost of my team between the two companies and have a strong team at the ready for both when needed.
The one-two punch of a lithium company in the exciting emerging energy space with batteries made with lithium central and now a junior gold company that I can work on a dream I’ve had for a long time is a dream come true. I’m Cree on my father’s side, which is one of the First Nations of Canada and I’ve seen tremendous opportunities to bring traditional knowledge and science together throughout my career.
Most of my career I’ve been involved with exploration for gold and diamonds, with projects in BC, Yukon, NWT, Nunavut, Ontario, and Quebec. Something that I’ve noticed along the way was that there is very little interaction with the local First Nations and the mining industry. My grandfathers spent a lot of time hunting and trapping on our traditional land, but yet mining companies rarely approach them for their knowledge of the area or to ask if they have seen particular rocks. It would always strike me as odd why more companies in the mining industry didn’t use that knowledge more. If you took them the rock you’re looking for and they had ever come across it, they would take you to the exact spot.
One of my predictions for the mining industry is that I see us going into an exploration renaissance as the industry for decades has been falling behind on what they find each year compared to what is mined. Even as prices are much higher than they were in the 1990s, year after year, the industry has underspent on exploration and new mine development. Adding to the challenge of finding new discoveries is that while the companies weren’t spending enough on the ground, fewer people entered the industry. It is called the lost generation.
I’m one of the professionals that came into the mining business in 1993 when the lost generation was well in place. I was very fortunate to have worked with remarkable mentors in geology, geophysics, and geochemistry. I asked a lot of questions and listened, plus I have a good memory. Now the doors have opened for me to take the lead and run with it.
Something that I’ve written about recently is how companies get a lot of stock out, and quickly get stuck into a situation where they have so much stock overhang that they are stuck in the mud. I accidently came up with the word everhang when typing overhang and thought it is a perfect way of saying something that every investor and company management wants to avoid. If they get too much everhang they end up everhung.
Part of the reason they get into these problems is they spend too much money and have to issue more stock to fund it and after awhile they have too much everhang. One place companies spend a fortune on is investor relations and promotions, and a lot of that money is wasted. During the past decade since starting my reports, I have built up a remarkable audience of investors and professionals that follow my work. This audience found my work through many visits on business television and online media.
My audience is very special to me, and they are also something that many companies would love to have the opportunity to get in front of on a regular basis. I don’t need to blow a lot of shareholder money on investor relations and promotion because I’ve already built up an audience of investors to talk to that follow my work.
Since becoming a CEO recently I’ve put together a great way to merge my shows and corporate work together in a way that I can offer something for the companies where I’m President/CEO, as well as highlight guest’s companies, with the guests and myself also able to offer industry insights that are valuable to my audience. The CEO Roundtable shows are a great way for my guest’s companies to get in front of my audience and for those following my guest’s companies to learn about my work. In a few months I want to have a CEO Summit, where I will bring guests together for a conference where investors can come in person or viewers can watch from the comfort of their own computer while it is live streamed.
As these shows belong to me, it also gives me a great way to showcase the companies where I’m President/CEO to those watching my shows. It is a win-win for everybody. My guests, the companies I represent and the audience that gets a lot of great content.
I’ve been an advocate for the mining industry and First Nations relationship building, and a promoter of quality companies for a long time, over two decades, and I’m elated to be able to bring all my skills together.
I want to thank my sponsors, past guests, and mentors that all helped me reach this point in my career. Without their support over the years, I wouldn’t have been able to reach this point or have the skills to lead these two companies. I couldn’t be happier to be able to work with some of them again.
Most importantly, I want to thank the audience that follows my work because you have helped make the opportunities I have, happen.
All the best,
Allan Barry Laboucan
Allan Barry Reports
Alset Energy (ION.V)
Advance Gold (AAX.V)
P.S. my reports are for information purposes only, before making any investment decisions it is important to do your homework and speak with your financial advisers.
Website Sponsor Messages
The work at Allan Barry Reports is made possible through website sponsorship and consulting; I invite you to check out my sponsors.
Alset Energy (ION.V)
Focused on lithium with their key projects in Mexico, looking for low-cost exploration, development and production potential. Visit their website at www.alsetenergy.ca to do your homework.
Nevada Exploration (NGE.V)
Gold focused in Nevada, using a unique gold exploration method to unlock Nevada’s under-explored regions. Visit their website at www.nevadaexploration.com to do your homework.
Premier Gold Mines (PG.T)
Gold focused, with an enviable portfolio of projects from exploration to mining in Ontario, Nevada and Mexico. Visit their website at www.premiergoldmines.com to do your homework.
Sirios Resources (SOI.V)
Gold focused, drilling high-grade gold target at Cheechoo project in Quebec, located next door to Goldcorp’s Eleanore gold mine. Visit their website at www.sirios.com/en/ to do your homework.
Tarku Resources (TKU.V)
Grassroots gold exploration in Quebec, near a mine and road being built to open mining region near Quebec’s first diamond mine. Visit their website at www.tarkuresources.com to do your homework.
Tudor Gold (TUD.V)
Gold exploration with a strong portfolio of projects in heart of the Golden Triangle of BC, founded by Walter Storm of Osisko fame. Visit their website at www.tudor-gold.com to do your homework.
West Red Lake Gold Mines (CSE: RLG)
Gold focused, drilling high-grade gold, targeting the Hinge Zone in Red Lake, with Goldcorp as their partner. Visit their website at www.westredlakegold.com to do your homework.
Wolfden Resources (WLF.V)
Base metals focused, with a discovery of high-grade nickel-copper near Snow Lake, Manitoba. Visit their website at www.wolfdenresources.com to do your homework