Mining Venture Capitalist Luke Norman Comments on Today’s Junior Gold Sector
Luke Norman is a seasoned growth executive with over 15 years of experience in the venture capital markets. He has been responsible for the direct capital raises in excess of $300M. In recent years, Luke has operated a consultancy company to the metals and mining industry. He also co-founded Gold Standard Ventures Corp. Luke co-founded and was formerly a director of Stratton Resources Inc. He is currently the Chairman of board of Silver One Resources and co-founder, strategic adviser and large shareholder of U.S. Gold Corp.
00:05 Introduction
01:00 Sentiment among junior mining CEO’s
02:43 Junior miners and raising cash now
04:56 Deployment of capital by venture capitalists
07:05 Selling weed to fund gold exploration?
08:49 Thoughts on “pick and shovel” companies
10:05 Comparing Australia and Nevada as mining jurisdictions
12:17 Newmont Goldcorp and Barrick’s Nevada JV
15:36 U.S. Gold Corp.’s Keystone project