YALE RESOURCES LTD V.YLL

Audio interview of Ian Foreman on Contrary Investo

[Go4Shiny]

Audio interview of Ian Foreman on Contrary Investors Cafe

Found here:  IanForeman Interview

Not a lot of new information but still a good 17 min. listen for a refresher.

• explains project generator model and its advantages:
• low share dilution
• optionees pay them to do work on their own properties
• also charge management fee for that
• low burn rate b/c most of expenses paid by optionees
• Ian is the only non-Mexican paid employee of the company
• Ian speaks Spanish and as geologist can talk directly to the technical staff in Mexico
• talks about his prior experiences as a geologist and what he brings to the company
• talks about the bluesky potential
• Six optionees working on six properties with very little risk to the shareholders
• Exposure to news is multiplied
• Exposure to results is multiplied
• Yale, over time will be the minority interest holder of multiple more interesting, more significant projects
• Having assets at advanced or early stage exploration will always have capacity for discovery which is a primary driver of market cap.
• Projects in pipeline: last year, looked at approx. 100 projects in Mexico Don't believe in tying up capital in a lot of non-optioned properties
• Now that only 2 properties are non-optioned will be actively looking for new projects to add to Yale's project portfolio
• Hoping to have 10 or 11 projects in next 12 months with 8 or 9 optioned out
• About 2 projects picked up out of 100 properties looked at
• Yale is doing the non-sexy non-reporting "boots-on-the-ground" work that shareholders don't hear about
• Property characteristics they look for is anything that other companies are looking for
• Long process to bring a property into the company
• Cost of acquisitions is passed along to optionee
• Sometimes upgrade a project so that it can become attractive to an optionee
• 5,000,000 stock options but no warrants overhang
• Widely held
• Management holds less than 5% but Ian holds a significant amount of that
• Ian says he's significantly motivated to make this work on a fundamental and financial level
• Going to be "extremely busy moving forward on a number of projects over the coming months, there's gonna be a lot of developments, there's gonna be a lot of news and with luck there's gonna be a lot of great results"
• Shares trade on Venture Exchange, on Frankfurt and on OTC

[Go4Shiny]

Link won't post properly.https://www.contraryinvestorscafe.com/ian-foreman-yale-resources-president-speaks-on-growing-blue-skies-within-companys-mexican-exploration-portfolioIs it just me or has it become really hard posting on Stockhouse? I have to enter html code for every paragraph and even when I follow html convention for posting a link it doesn't do it. Where's the toolbar for

[mfhorn]

Thanks Go4Shiny for the point form notes..your time is much appreciated!! I believe in Ian's growth plan and with patience for the long term investor, this stock will pay off in the long run. I have recently averaged down at .04

[dabbler1]

Are you using firefox? this site is IE centric (Internet Explorer)

[Go4Shiny]

Thanks dabbler1,  that was exactly the problem.  I guess I have to keep IE around just for StockHouse.

[cecilhenry]

Just saw the interview with Ian Foreman.    Sounds positive for Yale--they have a plan and sound patient and determined.  If they can make progess this will be eventually be very positive for the stock.  Hard to be patient though.    

[dabbler1]

Having to use Explorer drives me crazy!!! glad to help :-)