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What 4% means for natural resource investors

Thom Calandra Thom Calandra, www.thomcalandra.com
0 Comments| October 6, 2010

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Farming and uranium were two of the spotlights at a Southern California showcase for mining talent.

The Casey Research confab, which I did not attend, brought several dozen geologists, prospectors, miners and bankers to show-and-tell to about sold-out 350 attendees.

The San Diego-area gathering was meant to demonstrate what resources banker Rick Rule told the crowd, “Sector, people … then you get a warrant.”I am, by the way, reporting all of this via materials from the conference and from attendees.

Doug Casey, an author and the chief of subscriber service Casey Research, drove home his platform for his NexTen generation of sub-40-year-old resources wizards: “Four percent of the people generate 64 percent of the wins.”

In 1990s and into the present, the resources leaders were Lukas Lundin, Robert Friedland, Ross Beaty and a few others. The current crop still can be dug from from North American, largely Canadian, soil and some in South America. Before I list several of them, I will roll out some of the speakers and attendees at the three-day session.

These included Eric Sprott, whose Sprott Resource Corp. (TSX: T.SCP, Stock Forum) in Canada is pursuing a crop farming strategy with First Nations tribal properties via One Earth Farms Corp. Others at the early October session were money manager John Hathaway, newsletter writer Richard Russell, copper/silver/geothermal businessman Ross Beaty and 20 or more companies and their executives and geologists.

“People loved getting to meet Richard Russell and the fact that we invited Robert Prechter to give a contra-Casey view,” senior Casey analyst Louis James told me. “Being able to pick the minds of Rick Rule, Ross Beaty and many others was a great value to attendees.” Others speaking or in attendance included former newsletter writer and rare-earth elements believer Bob Bishop, master chartist Ian McAvity … and some of the folks who engineered the combination of Rick Rule’s brokerage operations in southern California with Sprott Asset Management’s Canada mother ship.

Here are a few of the NexTen folks that Casey Research hand-picked as leading the commodities wave in gold, uranium, silver, geothermal and agriculture:

  • Rob McLeod, 39 and VP of exploration for Full Metal Minerals (TSX: V.FMM, Stock Forum).
  • Amir Adnani, 32, of Uranium Energy Corp. (AMEX: UEC, Stock Forum)
  • Jorge Ganoza Durant, 40, CEO of Fortuna Silver (TSX: T.FVI, Stock Forum)
  • Brian Dalton, 36, of Altius Minerals (TSX: T.ALS, Stock Forum)
  • Kevin Campbell, 34 and a banker at Haywood Securities
  • Govind Friedland, 38, son of Robert Friedland and head of Govi High Power Exploration
  • Kevin Bambrough, 39 and president of Sprott Inc., CEO of Sprott Resource Corp. (TSX: T.SCP, Stock Forum).

Sprott Resource has backed and owns a majority stake in the private One Earth Farms Corp. that is considered one of the largest corporate farms in the world. The Canadian company has almost 80,000 acres of crops in production and is the No. 1 farm machine consumer in Canada.

For CDs and DVDs of the Casey NexTen conference that occurred in Southern California, please visit this location:Casey Research.

For more, please view Thom Calandra’s Stockhouse articles.

THE NOVEL: It’s complete and for your reading pleasure: PABLO BY NUMBERS. It’s about the world of natural resources.

Ticker Trax™Please see tickertrax.com to learn more. For an index of free Thom Calandra articles, please click here. For an entire explanation of our strategies, research methods and disclosure procedures regarding all aspects of Ticker Trax and our Stockhouse reports, please visit our readily available Stockhouse articles. Please see this one in particular: Core Box Revealed.For the password-protected Ticker Traxlibrary, please see: www.tickertrax.com/Login.aspx.

HOLDINGS: Thom’s holdings are listed for Stockhouse members at www.Stockhouse.com under the “portfolio setting” for user TCALANDRA. It is public and free to view. He and his family own recently minted gold and silver coins and shares of about 30 public companies.

THOM CALANDRA of Ticker Trax helps his audience find value in a quagmire of investment choices. Thom was founding editor of CBS MarketWatch. He was the voice of Thom Calandra's StockWatch and The Calandra Report. Thom has been covering life-sciences and natural resources since 1988.

Ticker Trax™ is published by Stockhouse Media Inc. Ticker Trax is an information service for subscribers and neither Stockhouse nor Thom Calandra is a broker or an investment adviser. None of the information contained therein constitutes a recommendation by Mr. Calandra or Stockhouse that any particular security, portfolio of securities, transaction, or investment strategy is suitable for any specific person. Ticker Trax does not purport to tell or suggest the investment securities that subscribers or readers must buy or sell for themselves. Subscribers and readers of Ticker Trax are asked to conduct their own research and due diligence and obtain professional advice before making any investment decisions. Ticker Trax will not be liable for any losses or other damages caused by a reader’s reliance on information obtained in these reports. Subscribers and readers are solely responsible for their own investment decisions. Opinions expressed in Ticker Trax are based on sources believed to be reliable and are written in good faith, but no representations or warranties, expressed or implied, are made as to the accuracy or completeness of those opinions. All information contained in Ticker Traxshould be independently verified. The editor and publisher are not responsible for errors or omissions or responsible for keeping information up to date or for correcting any past information.Ticker Trax and Thom Calandra do not receive compensation from any companies that may be mentioned in Ticker Trax. Some of those companies are advertisers or clients of Stockhouse, the publisher. Xtra-Gold Resources was a preferred client of Stockhouse for investment relations, marketing and other commercial but not editorial services, which are never guaranteed. Also, Thom Calandra owns each of the Planetary Prospects and discloses any changes when it comes to purchases and sales. Companies hosting research tours sometimes pay for travel expenses. Any opinions expressed are subject to change without notice. Owners, employees and writers may hold positions in the securities that are discussed in Ticker Trax. PLEASE DO NOT E-MAIL OR CALL THOM CALANDRA SEEKING PERSONALIZED INVESTMENT ADVICE, WHICH HE CANNOT PROVIDE. Copyright 2010 all rights reserved.



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