Grizzle Gold & Silver Roundtable - Fall 2024

Grizzle Pod: Thematic Growth Investing

With a Fed triggering a rate cut cycle, we've brought together experts across the industry to discuss the most important topics in precious metals!

This roundtable wouldn't be possible without the support of our fantastic partners: Goehring & Rozencwajg Associates, Blokland Smart Multi-Asset Fund, West Red Lake Gold Mines and Grizzle Research & Quant.

Topics:

0:00 Intro

2:03 Valuing Gold: A Historical Context

5:53 Gold Demand: Emerging Markets vs. Developed Markets

8:34 Gold Miners vs. Physical Gold

14:40 The Golden Age for Scarce Assets

19:21 The Value of Gold as a Diversifier

22:42 Gold vs. Silver in a Portfolio Context

24:38 The Structural Decline of Europe

27:37 The Outlook for Scarce Assets

31:09 The Drivers of the Gold/Silver Ratio

32:17 Renewable Energy Demand for Silver

33:32 The Scarcity of Quality Silver Assets

35:05 What Drivers Underpin a Valuable Silver Mine

37:11 Silver Miners: Historical Drivers for Valuation Rerating

39:02 Silver & Gold Miners: M&A Cycle

41:02 Tier 1 Silver Development: Panuco Silver-Gold Project

43:24 High Grade Silver: Santa Ana Silver - Gold Project

45:43 Key Advantages of Investing in Gold Mining Projects within Canada

47:18 The Value of Having a Permitted Mine on the Cusp of Production

48:41 The Prolific Gold Mining History of Red Lake

49:52 The Importance of the Golden Runway for Investors

51:17 The Madsen Mine in the Sweet Spot of the Golden Runway

53:30 High Grade Gold in West Africa

56:06 Scandinavian Gold Exploration

57:22 Cote d’Ivoire: Underexplored vs Prolific Gold Neighbors

59:40 Open Greenstone Belt: Gold Mining Prospectivity in Sweden

1:01:35 Partnering with a Global Infrastructure Giant: Mota-Engil

1:04:58 Having a Gold Mining Titan in Your Corner: Agnico-Eagle

1:07:44 Kobo’s Exceptional Assay Results & Fall Drilling Campaign

1:12:30 The Path Ahead for First Nordic’s Flagship Barsele Gold Project

LEAD PARTNERS:

Goehring & Rozencwajg Associates: https://www.gorozen.com/

Blokland Smart Multi-Asset Fund: https://bloklandfund.com/eng/

West Red Lake Gold Mines: https://westredlakegold.com/

Grizzle Research & Quant: https://grizzleresearch.substack.com/

COMPANIES:

West Red Lake Gold Mines (TSXV:WRLG): https://westredlakegold.com/

Vizsla Silver (TSXV:VZLA): https://vizslasilvercorp.com/

Kobo Resources (TSXV:KRI): https://www.koboresources.com/

First Nordic Metals (TSXV:FNM): https://fnmetals.com/

Outcrop Silver (TSXV:OCG): https://outcropsilver.com/