This is an excellent presentation (link below) about investing...

This is an excellent presentation (link below) about investing in junior mining companies from 1 June 2021. I highly recommend investors in GMD listen to it. It is about 30 minutes. Lots of great points (and GMD ticks a lot of them but not all).

Nicole is a geologist (doctorate in geology) who has worked in capital markets (her CV is impressive). The content is focused on gold mine juniors. She explains mines need to have at least a 10 year mine life and at least produce 100oz pa otherwise a miner struggles to receive interest interest from capital markets(eg debt ) and institutional investors.

This is what Sprott stated about Nicole.

"Few people have a better perspective on the precious metals sector than Nikki and we expect she will create tremendous value for our clients though her international experience, geological expertise and tenure as an Independent Director of precious metals companies.”

Prior to joining Sprott, Nicole’s career highlights encompassed a wide variety of roles, including serving as Chief Executive Officer of a Brazilian gold producer, investment fund/corporate advisor, managing the research team at a precious metals equity fund, senior mining investment banker advising on over 20 M&A transactions and participating in equity financings, sell-side equity research analyst, and geology consulting/research. Her institutional equity investor experience has honed an understanding of the varied drivers to achieve value-per-share appreciation. Nicole’s extensive on-site due diligence, assessing the technical, financial, social, political and environmental risks on more than 250 precious and base metals projects across six continents has resulted in a first-hand appreciation of the spectrum of positive attributes and red flags. Nicole has a global network of institutional investors, company management teams/boards, technical specialists and the sell-side. She holds a Ph.D., First Class Honours Degree and a B.Sc, all in geology, from James Cook University of North Queensland.