This JUST came my way, and I want to share it with you….

“There are five living legends in the natural resource world. I suggest you watch what they do, watch what they buy, and hear what they have to say. And you can invest alongside them by buying shares of their companies. (Keep in mind, some of them are small, volatile, and risky.)

Who are the five “living legends”?

Robert Quartermain. The company he grew from $2 million to $2 billion in 25 years was Silver Standard Resources (SSRI). It’s still among the world’s largest silver producers. Now, Quartermain is the chairman and CEO of Pretium Resources (PVG). Pretium owns the Brucejack Project in British Columbia, Canada. It’s one of the largest and highest-grade undeveloped gold projects in the world.

Next up is Ross Beaty. Beaty has 45 years of industry experience and founded Pan American Silver (PAAS). Although he’s less involved in the company now, he’s still chairman of the $3 billion company. Beaty has a handful of other huge successes under his belt, too.

Now, he is a major shareholder in Anfield Gold (ANF on the Toronto Venture Exchange), a $180 million company with a gold mine in Brazil.

The next panel member was Robert McEwen. McEwen founded Goldcorp (GG), and for a long time was chairman and CEO. Goldcorp is the second-largest gold miner in the world with a $12 billion market cap.

More recently, he founded McEwen Mining (MUX), a $1.3 billion gold and silver explorer and producer. He invested $127 million of his own money into the company and owns 25% of it. He earns just $1 a year in compensation. So his interests are completely aligned with those of his fellow shareholders.

The fourth panel member was Randy Smallwood. Smallwood holds a geological engineering degree and worked for a few different mining companies, starting in the early 1990s. He helped build Goldcorp (GG) into one of the largest, most profitable gold companies in the world.

Today, Smallwood is president and CEO of Silver Wheaton (SLW), the $12 billion precious metals streaming company.

Finally, Robert Friedland is likely the best-known, most successful member of the panel. Early this year he was inducted into the Canadian Mining Hall of Fame. Friedland has led the discovery and development of several world-class mineral projects around the world.

Now, he runs Ivanhoe Mines (IVN on the Toronto Stock Exchange)… a $970 million company based in Canada, with three major projects in Sub-Saharan Africa. The deposits hold copper, platinum, palladium, gold, nickel, rhodium, and zinc.”

 

Why share this with you… well, we own SSRI and PVG. We’ve shares in PAAS. Bought a slug of MUX, and a bunch of SLW, too. I’ll look closer at the others, and determine whether they might not ought to be a part of our effort here. How’m I doin’?

Here’s to your accumulation of real wealth!
Harold F Crowell

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