$200M Deal, a New Oil Discovery, and a Tough Choice | Junior Mining Talks

Junior Mining Talks is a new show that (we hope) will be published every Monday. In every episode, you can find a weekly overview of the most interesting and important news in the junior mining market. I'll do this with Luc ten Have from @GoldDiscovery1 , along with a relevant guest.

Luc has been a resource investor for over 10 years now. He developed a tool for junior mining stocks at www.golddiscovery.com to make his life easier in his due diligence analysis.

More specifically, in this episode of Junior Mining Talks, we discuss a $200M Deal, a Big Oil Discovery, and a Tough Choice.

We talked to the CEO of Adventus, Christian Kargl-Simard, about their M&A agreement with Silvercorp.

Adventus’ website: https://adventusmining.com/ 

Luc and I also talked about 3 other stocks that were interesting this week:

1. Volcanic Gold Mines
2. Sintana Energy
3. Barksdale Resources

After the overview we had Tim Warman from Atacama Copper and talked about his experience working with Pierre Lassonde and Frank Giustra.

Atacama Copper’s website: https://atacamacopper.ca/ 

Timestamps:
00:00 intro
00:08 Why is Silvercorp acquiring Adventus Mining?
08:13 What’s the reason why Adventus Mining had to take this deal?
12:16 Is there a connection between the Luminex and Silvercorp deal?
15:23 Was the shareholder their main driver in this deal?
18:22 What will Christian do after this deal?
21:34 Why was Volcanic Gold Mines down?
26:47 How does a low market cap company deal with financings?
31:39 Is dilution on the asset level a good way to save the share structure?
35:17 What is this big oil discovery from Sintana Energy?
44:41 Should you spend time in stocks that you don’t understand?
48:28 Why is Barksdale Resources up?
53:01 What does Tim Warman think of Pierre Lassonde and Frank Giustra?
54:20 How did Tim end up working with them?
57:32 How does Tim find good projects?
01:00:54 Why did Tim become CEO of Atacama Copper?
01:02:34 How did the deal between TCP1 and Atacama Copper happen?
01:05:43 Why Atacama Copper when their focus is not Copper?
01:09:59 Does a bull market affect the plans of Atacama Copper?
01:17:04 Do companies typically consult with their major shareholders?
01:20:10 overview Atacama Copper