How to Find Mining Stock Winners with Economic Geologist Neil Adshead

Dr. Neil Adshead shares insights on how to find mining stock winners in this MSE episode. He is an economic geologist based in Vancouver, who incorporates his extensive theoretical and practical experience in mineral deposit geology, mineral exploration and mining into investment-related decision-making.  After earning a Ph.D. in Economic Geology in 1995, he spent ten years working for Placer Dome subsidiaries – at the time, one of the largest mining companies in the world – in Canada, Australia, and Papua New Guinea. For the seven-plus years sandwiched between Placer Dome and Sprott, Neil worked as the Vancouver-based senior mining-exploration analyst for a San Francisco-based investment firm. Currently, he is a consulting analyst and fund manager.

0:00 Intro

1:08 Neil’s background

2:57 Turmoil in Mali

6:08 Capex Debt to Equity Ratios

9:14 Government funding mining

10:45 Fund managers & redemption risk

12:24 Open versus Closed End funds

13:41 Junior mining sector sentiment

15:13 Fund management biggest changes

19:51 Prospect Generator vs. true explorer

22:54 Worthless advisors?

24:48 “Luck does not exist”

26:09 Bullish copper & gold

27:38 Niche metals market

29:54 Stock picks