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PDAC 2018 International Convention, Trade Show & Investors Exchange

In the past, I’ve written about how beneficial it is to attend investment conferences. For those who may not have read that article, I will give a quick refresher. In my opinion, the premise for attending conferences is 3-fold.

First and foremost, it allows you to meet the people running the companies in which you are invested.  For me, personally, this is a big deal and something that’s on my list of requirements for positions that I intend to hold for the long-term.  How the company representatives carry themselves and how they treat you, I believe, can tell you a lot about how the company is run and, therefore, provides further insight into what the probability of success may be.

Second, conferences typically have a great list of speakers, such as Rick Rule, Brent Cook or Jayant Bhandari, to name just a few. Listening to their speeches at the conference gives you a chance to hear their current thoughts on the market and, typically, how they’re positioning their investments.  Not only that, but many of these top minds make themselves available for questions, allowing you to ask that question that has been on your mind for some time.

Third, conferences give you a chance to expand your network of acquaintances or, potentially, future friends. One thing you can almost guarantee is that the people who attend these conferences are looking to make money and are interested in, what I think is for the most part, a niche portion of the investment world. The junior resource sector is fraught with risk and, therefore, having a network of acquaintances to throw your ideas around with can be very advantageous.

 

PDAC

One conference in particular that should be on every resource investor’s list of must-attends is the Prospectors and Developers Association of Canada’s (PDAC) International Convention . The PDAC Convention is held in Toronto every March and brings together more than 1,000 exhibitors, 3,800 investors and 24,000 attendees from 130 countries.

This is a huge event. I can remember walking out onto the Investors Exchange floor for the first time and being amazed by the number of companies that were there. It can be overwhelming, but by the same token, it’s a tremendous opportunity to seek out new ideas and find some hidden, undervalued gems.

Speaking from personal experience, the most value I’ve gleaned from PDAC or any other conference is by examining the list of companies that are exhibiting and then choosing the ones that I want to speak to, beforehand. Then, by creating a set of specific questions for each company, I can, depending on their answers, quickly determine if I want to research them further, saving me a ton of time both at the conference and at home. I think this method of research works particularly well for those who only have one day to attend the conference, as you can be extremely efficient with your time.

 

Concluding Remarks

PDAC is fast approaching;  March 4th to 7th at the Metro Toronto Convention Centre. Registration is FREE for those who just want to see the Investors Exchange and the Letter Writer Presentations, or there are paid options that give you further access to the entire show, plus PDAC offers a few short courses to further expand your knowledge of the mining business.

I think the 2018 edition of the PDAC Convention is going to be fantastic and I really hope to see you there!

 

Until next time,

 

Brian Leni  P.Eng

Founder – Junior Stock Review

 

 

Disclaimer – The following is not a recommendation, it is an idea. I am not a certified investment professional, nor do I know you and your individual investment needs. Please perform your own due diligence to decide whether attending an investment conference is suited for your personal investment needs. Junior Stock Review does not guarantee success from attending PDAC or any other investment conference. I have not been compensated to write this article, however Junior Stock Review is a media partner of PDAC International Convention 2018.

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