Turning Hard Times Into Good Times

Legendary gold mine investor Pierre Lassonde appears for the first time. Pierre is known for his leadership as an innovative mining executive and founder of the largest natural resources royal company, Franco-Nevada. In 1985 Franco-Nevada acquired a royalty in a small mining operation in the heart of the Carlin gold belt of Nevada for US$2 million. From inception to February 2002 when the company was sold to Newmont Mining for US$3.2 billion, Franco-Nevada provided its shareholders a 36% annualized rate of return. For obvious reasons there are fewer mining company executives your host would rather ask about the current state of the gold mining industry and whether or not he thinks now is a good time to increase gold share holdings. Dr. Tony Barresi will precede Pierre to update us on Triumph Gold’s potential world-class, gold-copper porphyry project and we will ask Michael Oliver if his analytical view of the gold markets is in sync with Pierre’s view from a fundamental viewpoint.