Kai Hoffman – Upcoming 4th German Gold Fair, The Financial Health Of The Mining Sector, And Investors Shrugging Off Company News
Kai Hoffman, CEO of Soar Financial Group, joins us to share his thoughts on the muted interest and recent pullback in the precious metals sector, and overviews for listeners the highlights of the upcoming mining conference in Germany. We start off with a look at the financial health of the industry as tracked by the Oreninc Index that Kai and his team facilitate. With the financing window closing for companies, over the course of 2022 and specifically over the last 2 months, companies that are cashed up for the work programs are in better shape than those that will need to raise capital in the near future. The discussion also gets into the tough positions company executives are in trying to strike the balance between moving the company forward, putting out news to investors, but also conserving capital at a time where most news is being shrugged off out of disinterest or simply becomes a liquidity event.
Next we ask Kai about the themes and presenters at the upcoming 4th German Gold Fair mining conference later this month on May 27th -28th in Frankfurt, Germany. He has a hunch the talking points will have shifted from concerns about inflation, prevalent at last year’s show, to now looking forward at the market conditions to a potential recession on the horizon. Click on the link down below for more information on Germany’s largest mining conference.
Hi Ex, when do you expect to get Nick Rodway from Core Assets on for an interview. It is one of my favorite holdings and I would like to here what is happening with this project. It has me tweaked because I believe they are on to something big that will become a mine. DT
We are working on the scheduling of the intro interview with Nick and it should be sometime soon.
I think the SEC is worried about Sprott driving the price of Uranium too high too fast by getting a New York listing however; Uranium is a scarce metal in a Bull Market and will keep going higher. DT
I’ve not fully digested the reasoning for the SEC declining on the dual listing for the Sprott Phyiscal Uranium Trust, but it will likely get sorted out over time. There is nothing wrong with the way the SPUT is being run and it is was the way Uranium Participation Corp should have been operating all along, but it wasn’t structured as a trust and couldn’t do ATM capital raises.
Uranium Market Minute – Episode 112: SPUT NYSE Listing…Now What?
Justin Huhn – Uranium Insider – April 28, 2022
Joe Kelly – SEC Says NO To Sprott – Uranium in Trouble?
Soar Financial w/ Kai Hoffman – May 2nd, 2022
https://ceo.ca/@sflive/sec-says-no-to-sprott-uranium-in-trouble-joe-kelly