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- ⛏ Sunday Letter: Where the heck to go?
⛏ Sunday Letter: Where the heck to go?
Greetings Contrarian,
This is The Next Big Rush, your daily drop of mining/energy investing news. Where we come together and pretend to know what we're talking about.
Here's this week's big question:
Dear Editor, I am considering going to a live mining event soon, but there are so many and it's hard to know how to get the best of them. Any ideas?Thanks a bunchSoon-to-be-going-somewhere
Dear Soon-to-be-going-somewhere,
More important than which show to go to, is defining what you want to get out of the event itself.
Here are some general tips:
If you can, try to do more than one event - there are events that happen immediately before a larger event like MIF and Red Cloud which are smaller and more intimate. You'll get a chance to speak to CEOs of companies and see earlier stage juniors being highlighted.
Go to the parties / side events. Ever seen a CEO talk too much after a few glasses of wine? A lot of business is done at the bar, not at the booth.
Speaking of booth, chasing the booth is usually a bad strategy since CEOs typically open up their calendars for various meetings at these events. If you'd like to ask questions, these guys are usually very approachable and will give you the attention, but book in advance!
Make connections with fellow investors. It's good to know who else is trying to filter out the wheat from the chaff, and ideas are welcome but one piece of advice: DO NOT EVER TAKE RANDOM STOCK TIPS AT FACE VALUE. Your friends will be wrong. A lot.
For the people over 20, take breaks for coffee, and make sure to chat with people doing the same if you have the energy. You'll meet some amazing backstage people that can set you up with connections for life.
Ask stupid questions. Those who do, win.
Follow up! Events are usually the initial chat for a longer-term investment or relationships.
We'll be reporting from PDAC again soon to give you an impression of what's happening here. Stay tuned!
Happy speculating,
The Editor
DISCLAIMER: None of this is financial advice. This newsletter is strictly educational/entertainment and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. Please be careful and do your own research.
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