MiningStockEducation.com, Released on 7/25/23
Gold stock fund manager and Austrian economist Larry Lepard shared, “It’s tough. The gold stock climate is as bad as I’ve seen it. But I ain’t selling. I ain’t selling. In fact, I’m moving around and selling some of the things that have not been hit quite as bad to buy some of the real bargains that I see. The bargains out here are just stunning. It does not feel good to buy in these kinds of conditions. But history says that if you do buy in these kinds of conditions, you can be very well rewarded for it.”
0:50 Gold and gold stock commentary
11:52 When does buying “too early” mean you’re wrong?
15:25 Larry invests in jurisdictions all over the world
16:22 Lion One and tradable warrants
17:45 Developers forming JVs to advance projects
20:16 Rise Gold commentary
22:20 When will investors reward mine builders again?
27:23 Final thoughts from a seasoned gold stock investor
Lawrence W. Lepard founded Equity Management Associates. Currently, he is Managing Partner at Equity Management Associates LLC and Limited Partner at Johns Creek Partners LLC. He is also on the board of Amarillo Gold Corp. and Rise Gold Corp. In his past career he occupied the position of Principal at The Cue Ball Group LLC, Partner at Summit Partners LP, Managing General Partner at Geocapital Partners LLC, Investment Associate at Continental Illinois Venture Corp., Financial Analyst at Smith Barney Harris Upham & Co., Inc. and Financial Analyst of Citigroup Global Markets, Inc. (Broker). Mr. Lepard received an undergraduate degree from Colgate University and an MBA from Harvard Business School.