PDAC and the 100-Bagger Process: Junior Mining Insights with Bill Powers & Brian Leni
Bill Powers and Brian Leni share junior mining insights about PDAC, Metals Investor Forum, the multi-bagger process, and much more in this MSE episode. Bill discusses how Brian 20-bagged on Bill’s loss. And Brian reveals how he lost 100% of his capital on a crooked private mining company management group. Other topics debated are whether retail investors must be bag-holders, how IR reps should not pitch companies and how to gain the human intelligence advantage in junior mining speculation.
0:00 Introduction
0:39 PDAC & Metals Investor Forum
2:36 Retail will always bag-hold?
9:32 Initial due diligence process
14:32 Human intelligence advantage
17:57 Reputation matters
23:24 Brian 20-bagged on Bill’s loss
26:57 Brian’s 100% loss on crooked management
31:10 People risk & uncertainty
34:01 Proper IR company pitch
35:47 Pre-production skepticism
40:10 100-bagger process
42:27 “Just hang on to hit the bull market”
44:27 Don’t take credit for being lucky