Billionaire Mining Picks, a New Nickel Discovery, and Lessons from a Geology PhD
What are billionaires buying, and should I just stop trying to beat the market and start blindly following them into their trades?
The simple answer: no, but maybe there’s more to it.
Besides that, this episode also contains a:
- Azimut Exploration CEO Interview (TSX-V: AZM)
- Riverside Resources CEO Interview (TSX-V: RRI)
More specifically, in this episode of Junior Mining Talks, Luc ten Have and I are taking a hard look at the idea of following billionaires into their investments, especially in the risky world of junior mining. Big names like Frank Giustra, the Lundin family, Pierre Lassonde, Richard Warke, and Ross Beaty are known for their high-stakes bets, but is it actually smart to follow their lead blindly?
We dig into why it’s probably *not* a great idea to blindly follow billionaires into any investment. These guys operate on totally different timelines, with a different level of risk tolerance and insider access than most of us have. They often get exclusive deals and have backup plans if things go south—advantages that aren’t available to everyday investors. And with volatile investments like junior mining, having real conviction is key because, let’s face it, it’s easy to lose money.
Luc shares his own thoughts on billionaire-backed investments and why using them as a starting point for your own research is smarter than just copying their moves. Don’t let billionaire FOMO pull you into something without thinking it through—do your homework, make sure it’s on your terms, and decide for yourself if the investment really aligns with your goals.
After our billionaire-focused conversation, Luc and I were joined by Jean-Marc Lulin, CEO of Azimuth Exploration to discuss some of their recent discoveries.
As of recently, Azimuth has added a nickel, and an antimony discovery to their already existing lithium, and gold discoveries.
Azimut is a target generation and partnership development company. The Company holds the largest mineral exploration portfolio in Quebec, controlling strategic land positions for copper-gold, nickel and lithium. Its wholly owned flagship project, the Elmer Gold Project, is at the resource stage (311,200 oz Indicated; 513,900 oz Inferred*).
Azimut is also advancing the Galinée lithium discovery with its joint venture partner SOQUEM Inc.
After our conversation with Azimut, Luc had to drop off, but I was joined by John-Mark Staude, the CEO of Riverside Resources for an insightful conversation about the junior market, its pitfalls, as well as the good, the bad, and the ugly lessons Dr. Staude has learned over his career as a Geologist PhD which spans almost 3 decades.
VERY IMPORTANT WARNING:
THIS VIDEO SHOULD BE TREATED AS AN ADVERTISEMENT FOR THE COMPANIES FEATURED IN THE INTERVIEW PORTION OF THE PUBLICATION - BOTH OF THEM HAVE PAID FOR THE PRODUCTION OF THIS VIDEO.
NO QUESTIONS WERE EXCHANGED, AND NOBODY SAW THIS PRIOR TO ITS PUBLICATION.
This channel is a business that charges for the creation and publication of video interviews. There will always be a conflict of interest which means you can never rely on anything said herein.
The information provided herein is general & impersonal in nature and meant for entertainment purposes only. The viewer acknowledges and agrees that the information does not constitute a solicitation of an offer to buy or sell any security or instrument or to participate in any trading strategy.
The host is not a licensed investment advisor. He is just another talking head on the internet. He might own shares of companies mentioned in this publication. Always assume he doesn't know much more than a potato does.
The mining & exploration space is among the riskiest sectors to invest in. The risk of anything mentioned in this publication is 100% loss of capital. If you don't read the official documents provided by the company on www.SedarPlus.ca, you will lose all of your money.
Timestamps:
00:00 - Intro
01:35 - Billionaires Bets, Should I Follow?
36:00 - Azimut Exploration CEO BBQ
01:40:42 - RiverSide Resources CEO BBQ
