Episode 6:
Where does gold fit into a modern investment world?
Mike Gentile, investor, director and strategic advisor for several junior mining companies, joins Kenrick to take a hard look at what mining gold really looks like, and what to look for as a potential investor. What role does inflation play in investing in precious metals, and what do terms like “heap leach operation”, “true width” and “dry stacked tailings” actually mean?
Guest speaker - Mike Gentile
From 2003 to 2018 he worked as a professional money manager at Formula Growth Ltd., an independent investment management firm established in Montreal in 1960 with a long-term track record of creating investor wealth. While at Formula Growth, Mr. Gentile’s main sector focuses were in mining and natural resources. In 2012, he became the co-manager of the Formula Growth Alpha Fund, a market neutral hedge fund focused on small to mid-cap equities. Throughout his career at Formula Growth, Michael was an early-stage investor in very successful mining and natural resource investments returning multiples of their original investments for their investors. In October 2018, Mr. Gentile retired from full time money management in order to be able to spend more time with his family.
Subsequently, he has remained a very active investor in the mining space owning significant top 5 stakes in over 10 small cap-mining companies. Michael is currently one of the largest shareholders and a strategic advisor of Arizona Metals. In addition, Michael is the largest shareholder and has been a board member of Northern Superior Resources since December 2019. He has been a director and major shareholder of Roscan Gold since January 2020, Solstice Gold since June 2020 and Radisson Mining Resources since February 2021.
