TCR NETWORK: Immunovaccine Stands Up To Cancer, & Stock Gets Legs — For Your Eyes Only On Monday
A Double Shotgun House, pictured here on a bike tour of New Orleans‘ outer Garden District, is an economic flat of rooms, one behind another, with another similar home sharing a wall.
You shoot a shotgun from the front door and the blast goes through the entire house and out the back door.
https://en.wikipedia.org/wiki/Shotgun_house These cheap flats were big in the 1860s through 1930s. Come to think of it, they still are.
I was hoping I would not be able to shoot a shotgun blast through the aisles at this year’s New Orleans Investment Conference. In a market where blue-chip stocks and bitcoins are stealing thunder from gold and other natural resources, I am pleased for that on the totem pole. Decent crowds.
The usually big days at New Orleans’ alt.investment conference for energy, metals and related companies are Friday and Saturday. And they mostly were.
The number of companies at the conference is in my estimate greater than it was in 2016; I’d say about 80 to 85. [I count on my own and try not to rely on staff, including Brien Lundin, who stages the investment show each year.]
Tours of the floor by newsletter writers (including me) were brisk and lively — folks from Alabama, Florida, Bermuda, Texas, California, all over Canada, parts of the UK, Ireland. No Russians.
My own sessions went well; although my evening workshop was light on attendance but heavy on revelations from two of my guests: John-Mark Staude of Riverside Resources and Peter Dasler of CanAlaska Uranium.
Those two CEOs of what they call project-generating companies see some meaningful mineral assays and other results coming from respective projects in northern Mexico for Riverside and in and around Athabasca Basin for CanAlaska.
Would that investors in Q4 2017 cared about natural resources of any stripe.
“Look at what gold coins and stocks are competing with,” says Dana Samuelson, a coin dealer from Texas (more below). “You got blue-chip stocks, corporate bonds, crypto-currencies, technology … why would anyone want to buy gold, right?”
That in one snap here is Lawrence Roulston, a longtime Canada writer and capital markets adviser/investor in one of the very few natural resource equities worldwide with a gaining stock this autumn: Metallis Resources. Metallis has Kirkham Project (gold, copper, nickel) in British Columbia’s so-called Golden Triangle near the town of Stewart.
Mr. Roulston (standing at booth) says that while his company’s stock is benefiting from proximity to Garibaldi‘s nickel deposit (that is getting headlines), “we think the nickel is a side show. We’re just as thrilled and more about the gold-copper drilling we are going to do.” Yeah, well, the rest of folks out there are buying Metallis because of its proximity to Garibaldi.
Metallis shares in Canada are up perhaps 10 times in value since I chatted about Kirkham with him in May. I do not own the shares. Still a small market cap of about $30 million USD.
New Orleans in good weather is a great city for biking and walking. That’s why the 600 or so folks here are impressive; they could be playing outdoors. This weekend is the Voodoo music festival here. The Killers, Kendrick Lamar, Foo Fighters and others in the line-up. I hope they honor the earliest rock-n-roller, Fats Domino, who died here in his home town on Tuesday at age 89.
Also here is Bob (Robert) Allen of Grupo de Bullet above. His Bullet properties supplied acreage to many Colombia explorers; Continental Gold’s Buritica is best known. Continental, Red Eagle Mining (production challenges right now), many others made their early marks in the nation’s Antioquia gold belt with Mr. Allen’s properties.