Canadian Gold Corp (STRRF)

[NYBob]

Ian Ball last video a year ago -

What a gift this is for $STRRF Satori soon to be Canadian Gold Corps

The grass is not greener on the other side

it's only greener where you water it !

Ian Ball 2017

'My views on how to run a mining company may be a bit too extreme' - Ian Ball

Kitco Mining
May 16, 2022
While Ian Ball touted running Abitibi Royalties with an 80% return, he warned that his methods may not suit all.

On Friday Ball talked with Kitco. Ball ran Abitibi Royalties from 2014 to 2021. Last year the company was acquired by Gold Royalty in an all-share deal. He was asked where he might be headed next.

"My views on how to run a mining company may be a bit too extreme: no stock options within the company, use all of your compensation to buy shares in the open market like every other shareholder," said Bell, touting that Abitibi had the least amount of shares outstanding of any other miner.

"These are things that any mining company can do, but most choose not do. I work for the shareholder. They don't work for me. If I win I want to make sure our interests are the same."

Ball commented on the recent market correction. When Ball was interviewed both the NASDAQ and Bitcoin had both fallen about about one-third year-to-date.

"When you look at bitcoin and the other cryptocurrencies, they were deemed to be an alternative to the U.S. Dollar—another form of money or alternative to gold. But I don't think they're performing very well when you have 20%, 30% and 40% fluctuations with some of these coins. I don't think they are serving the function they were designed to be," said Bell.

Ball said that gold at around $1,800 is at a "key support level."

"You would be very hard pressed to say that gold is not under valued, and once you see the U.S. dollar come down, you should see gold rally."

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0:30 - Ian, I want to get royalty and streaming sector, but maybe let's talk about this sell off. NASDAQ is off by about one-third year to date. Bitcoin roughly the same.
3:20 - Inflation is looking like a serious problem for miners.
5:20 - We are seeing some consolidation on the streaming and royalty sector: Sandstorm acquired Nomad in a $755 million all-share deal. Your Abitibi went to Gold Royalty, and now Gold Royalty is trying to acquire Elemental Royalties. Is the sector facing competitive pressures? You just need to get scale?
7:00 - You had an operational role at McEwen Mining. With anticipated demand for metals needed for energy transition, we are just not going to be able to meet demand, or is there some tech out there?
8:40 - Ian Ball you got a lot of plaudits for running Abitibi. You noted that you had a 80% compounded return during your tenure from 2014 until 2021. If an investor is kicking tires on a resource company, what would you tell them to look for?
10:15 - What's next?

https://investorshub.advfn.com/boards/replies.aspx?msg=171788571