Thứ Tư, 30 tháng 1, 2019

Waching daily Jan 30 2019

I'm Priscila Barrera with the Investing News Network, and here with me today is Brent Cook

of Exploration Insights.

Brent, thank you so much for joining us again.

Always a pleasure, thank you.

Alright, so we're here at VRIC, the first conference of the year.

Let's start maybe by talking about the main trends you saw in the exploration sector in

2018.

And do you expect any of them to carry into 2019?

Yeah, I think what we've been seeing last year and somewhat the year before — and

I expect to increase this year

is we're going to see mining companies — producing companies — continue investing

in early stage exploration via either private placement financings in companies

or joint ventures with companies.

And that's coming about because they're looking down the pipeline

And they are not finding enough new metal, new deposits

to replace what they're mining.

And they're finding it is much more efficient time-wise and cost-wise

to go via a junior explorer operating in an area they're interested in rather than trying

to set up their whole team and do it on their own.

So I think that's going to continue.

And were there any surprises last year in the sector?

Anything that happened that maybe you were not expecting?

I mean, the big mega mergers — I am somewhat surprised, but I guess it makes sense in retrospect.

Not sure it's a good or bad thing, but it's happening.

It was a worse year than I thought it would be, how's that?

That was a surprise.

And when it comes down to it there were not very many discoveries.

You know, anything that looked like it was a discovery, almost every one of those ended

up being a failure.

There were very few discoveries.

Great.

And so let's talk about exploration due diligence.

From your experience, when looking at a company and evaluating a company, what would you say

is the first maybe warning signal that this might be such a good investment?

That's a good question.

I think for anyone obviously your interest is generated somehow.

You go to the website, if it's a news release, you look at the news release.

That release should contain enough information that you can evaluate the results.

And what I mean by that is you need complete assay results, you need a plan map, potentially

a section map, that kind of tells you what's going on — even if you're not technically

competent to really understand it, if the company's presenting all that information

to you it tells you they're trying to be honest and give it to you.

Oftentimes you go there and that information's not there.

That suggests to me that they're incompetent or trying to hide something.

So that's the number one — you can screen so many out that way.

And then after that I think it's important that you talk to the people in charge to see if they

have a concept of how much it's going to cost to find what they're looking for, what that's

going to look like and how they're going to know when they fail.

You need to know when you fail.

And in terms of maybe more of the macro level, what would you say are some of the factors

investors should be keeping an eye out for in 2019 that could impact the exploration

sector?

Well I think number one is the US dollar, and confidence in the US dollar I think is

rolling over.

You know, the general global markets are slowing if not rolling over.

The economics around the world are stalling if not rolling over.

And then we've got Trump in the US who is doing his best to decimate the goodwill the

US has generated over the past decades, at best.

That's going to impact the US dollar.

We're losing our allies, confidence in the US dollar is declining.

And gold should get some of the money coming off of that.

Not a lot, it won't take much.

But it'll start looking like another safe place to put your money.

So I think that's what to watch for, is what the US dollar is going to do.

Right. And this year, what would be your best piece of advice or suggestions for investors that are

maybe looking to jump into the exploration sector?

In the exploration sector you're not investing, you're speculating.

That's important to keep in mind.

And due diligence is key.

I mean we made — in Exploration Insights we've made good money on stocks that look

good, look good, the drill [results] are good and eventually fail.

Because we were able to pick that bit of information that tells us this thing is going to fail,

or it's not working, whatever — it's closing off the metallurgy.

If you can just do the due diligence and pick that ahead of the crowd you can still make

money on what turns out to be a failure.

So that's sort of what I think is really important as well.

Alright, and my final question for you today.

Could you give our audience maybe your top stock pick for this year, or what type of

companies you like right now?

We — we bought some stocks last year in the anticipation of the gold price rising.

That would be Premier Gold, which is one we've held for a long time as well.

I like what Premier Gold's doing.

I think Mirasol Resources is at a good level.

I think Evrim Resources is at a reasonable level.

So those are three that I think are reasonably safe unless everything blows up.

Alright Brent.

Thank you so much for joining us today.

You're welcome.

Once again I'm Priscila Barrera with the Investing News Network, and here with me today is Brent

Cook of Exploration Insights.

For more infomation >> Brent Cook: You Can Still Make Money on a Failing Stock - Duration: 6:18.

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Woman Laughs At How Grandpa Handles Spoiled Brat - Duration: 2:01.

So it is said that having a good hearty laugh regularly can prolong your life and reduce

your stress levels considerably, it can make you smarter and happier too!

To bring a little happiness to your day here is a story that we landed upon.

When you go into a supermarket, sometimes that one single impatient child, who is either

shouting, screaming or generally being awkward and perhaps this is a topic a lot of us parents

can relate to also.

In this case picture a grandfather, he has discovered a special method of dealing with

his 3 year old grandchild and seeing this, and what he did made me laugh, really laugh

my socks off!

Watch it till the end because it is, in my humble opinion, Hilarious!

As the badly behaved youngster, 3 years young, is walking with his grandfather through the

supermarket, a woman is following them.

It's blatant to her that he has his work cut out with the child, screaming for treats

and goodies, biscuits, sweets, fruit, cereal, sugary fizzy drink, you name it!

Whilst this is going on granddad is making his way through the supermarket and in a steady

voice saying: "Easy, William, we won't be long, Easy,

boy."

After much more agro from the boy, grandfather says:

"It's okay William, just a couple more minutes and we'll be out of here.

Hang in there, boy."

At last at the checkout, the little boy in his final struggles for attention, throws

things out of the shopping cart, again granddad says, calmly:

"William, William, relax buddy, don't get upset.

We'll be home in five short minutes; stay cool, William."

Greatly impressed by this the woman catches the grandfather at the car while loading the

shopping and says: "It's none of my business, but you were

amazing in there.

I don't know how you did it.

That whole time, you kept your composure and no matter how loud and disruptive he got,

you just calmly kept saying things would be okay.

William is very lucky to have you as his grandpa."

"Thanks," said the grandfather, "but I'm William.

The little brat's name is Kevin."

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