PDAC 2018 – Day 3

PDAC 2018 – Day 3.   The conference centre was busier than normal for the third day, with crowded aisles around the popular companies.

Talking to both exhibitors and delegates it was clear there is more interest in Cobalt, lithium, and the base metals this year, rather than the precious metals, which is unique in my experience.

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PDAC 2018 – Day 3.   The conference centre was busier than normal for the third day, with crowded aisles around the popular companies.

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Talking to both exhibitors and delegates it was clear there is more interest in Cobalt, lithium, and the base metals this year, rather than the precious metals, which is unique in my experience.

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Unsurprisingly, there is a lot if interest in the battery metals, and a few companies promoting the metal they produce that could become an even better battery metal in the future, if trials are successful, manganese for instance.

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Talking to booth holders, most were satisfied with the traffic and interest in their companies, but many complained there were more opportunity seekers trying to sell their wares rather than people looking to invest in their company. This is often a comment I hear at the London Mines and Money show too.

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There are very few UK AIM listed companies here, Condor and Serabi are the exceptions, but as both are dual listed on the TSX, so one would reasonably expect them to be here. It is disappointing that no pure AIM or NEX listed companies chose to participate, and perhaps that’s a reflection of the low quality of many mining companies listed on those indexes.

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The PDAC is a serious show, and anyone at the junior exploration stage, with a good project and management team should be here in my opinion. There are all sorts of opportunities from raising finance, professional services, geologists, and potential JV partners to complete project and company buyers.

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