There Has Never Been A Better Time To Build A Mining Venture Capital Company

My favourite daily tasks at Rocks And Stocks News are researching metals, the markets, and mining stocks. Then tirelessly reporting with written reports and doing interviews with mining company executives distributed on various social media sites.

The task that takes up a lot of my time, which is using too much of my time and energy, is working on getting sponsorship to fund the work that I do. It has reached the point that I’m spending way too much of my day on the business side of Rocks And Stocks News that pulls me away from my favourite tasks.

Which is why I’ve decided to make some changes. When seeking out sponsors, it works best for me and sponsors when they are eager to work with me. 

Then when they become sponsors it is important that they are dedicated to keeping their shareholders and potential shareholders well informed, and my audience, with regular interviews talking about how their projects and efforts to grow their company are evolving.

Dynamic stories that are regularly being presented have a way of staying at the top of mind for investors. If investors only see periodic news releases, and not much else, they will lose their attention and find another home for their money. 

I also love being a sounding board for management of the companies I follow closely and providing my opinions based on 30 plus years in the mining business and nearly 20 years as a market commentator. I have worn many hats in the mining business and provided commentary to thousands of investors which gives me a unique perspective. Which is why I am making myself more available for consulting work to management of picks and sponsors. 

I’m First Nations from the Cree tribe of Canada which is the largest indigenous group in the country spanning from British Columbia to Quebec. It still surprises me how few indigenous people are involved at the management levels and in the boardrooms of Canadian mining companies. When I first started in the mining business, I was one of a very small group, which has improved but not as significantly as it should.

I have loved working with mining companies in community relations with indigenous groups. My pillars to success are pretty basic; meaningful consultation at the very beginning, that is done in a respectful way, and inclusion in the business. 

These same pillars are not only important when dealing with local indigenous communities in Canada, but also when dealing with local communities around mining projects all over the world. I plan to do more of this kind of work.

One of my passions concerning indigenous groups is something that comes from my experience watching my great grandfather. He had a trapline for over 50 years, every day he would go out to check on it and bring back food. He was on the ground daily and if an exploration company had come to him with a piece of rock and asked him if he had ever seen something like it, if he had, he would have taken them to the exact spot where he had seen it.

Indigenous people have inherent talents from their ancestors living on the land for thousands of years. Ideally suited for doing old fashioned geology, which is walking around and looking down. They can be wonderful prospectors with keen eyes to spot unique rocks. I would love to see more indigenous youth out on the ground as prospectors to use their inherent skills to help in the mineral exploration business.

In addition, to work their way up the corporate ladder to reach C-suite positions. This way, indigenous people can be on both sides of the negotiating tables. Which is a recipe to move projects from discovery to mines in rapid fashion to the benefit of all stakeholders. 

In Closing

Necessity is the mother of invention that is found at the crossroads of where opportunity and preparation meet. Which is why I have been working on a project to bring everything I do together.

The mining industry, especially in exploration, new mine developers and small miners need funding, strategic advice and help with marketing. Silicon Valley does this in a remarkable way for the technology sector through venture capital companies. We need more of that in mining.

Therefore, I have been working on building a venture capital company focused on mining. It has been in stealth mode for several months. I’ve been talking to key people to bring them together to build a mining venture capital company. I’m hopeful to be able to transition from stealth mode to launch in the not too distant future.

There has never been a better time to create such a company. Gold, silver, copper and other metals have tremendously bullish supply and demand fundamentals. Yet, the grassroots explorers, explorers with important discoveries, new mine developers and small miners still have low valuations at the bottom end of key long-term metrics.

Making for an ideal situation for opportunity and preparation to come together with ideal timing. Sprinkle in a little luck (always has and will be needed in mining) and magic can happen. 

The last time I saw this type of a situation was in the early days of the 2001 to 2011 gold and metals bull market.

I actually think the bullish arguments for metals are much stronger now than then. When everything came together back then it made life altering fortunes for many. This time, I see the potential for metals to go much higher and the metals bull market to last for decades. While we are still in the earliest days.

All the best,

Allan Barry Laboucan