Latin Metals Inc. (TSXV: LMS)(OTCQB: LMSQF) CEO Keith Henderson – RICH TV LIVE = June 13, 2022 – #latinmetals #keithhenderson #richtvlive #trading #stocks #news #business #finance #education #money #investing #metals #mining
Want to research stocks and join a community of traders that are researching stocks and looking at stocks every single day then join rich tv dot io hi how’s everybody doing today i’m your host rich from behalf of rich tv live with our very special guest the ceo of latin medals keith henderson how you doing today keith i’m good thank you yeah nice to be here
Always a pleasure very excited to have you on the show keith why don’t you tell us a little bit about yourself and what made you want to become the ceo of latin medals uh okay yeah i’m i’m originally from northern ireland i’ve i moved across to vancouver probably about 15 years ago i’m a geologist by training i’ve been a little over 25 years in experience in
Exploration geology and really i’ve got i’ve got truly global experience and experience across a whole range of commodities with a with a bit of a focus on latin latin america which is where latin metals focuses uh as ceo of latin metals i’m actually the founder of latin metals and we we brought together a core group of investors who really like this kind of
Prospect generator model that we’re working with and we kind of knew that we knew that it would be hard work and it would take two or three years to to build the story a building phase if you like but we also knew that we could bring an investor-focused company to the market and an investor focused company is a little bit of a special thing there’s a lot of
Companies in vancouver and they’re not all looking after investors a lot of them are looking after the people that work there the management that’s absolutely not the case with us we’re trying to build a story which will limit dilution that will maintain value and create value for shareholders that’s fantastic and keith a few days ago you guys announced that
Latin metals entered into a definitive option agreement with anglo gold in regards to gold exploration projects can you tell the audience what that means for the company and how it will impact shareholders well for the company it’s a big success that’s exactly what we’re trying to do you know the prospect generator model we have lots of projects we try and
Farm those out to various companies and and where possible we try to farm them out to a big major company like anglo gold fourth biggest gold producer in the world fabulous technical team uh lots of financial capability to fund the work that they want to do and that’s all very very good for us they’re looking at our projects in northern argentina they believe
That there’s potential for a very large scale discovery there and and what it brings to us as a company is basically well they get a chance to earn 75 interest in the in the project to do that they have to pay us 2.75 million us dollars over five years they also have to spend an absolute minimum of 10 million us dollars over that period of time invested into
The project at the end of that process you know they’ll have a target they’ll be looking for a certain size of deposit if they see what they like or they think they can get to what they need they can then take a decision to acquire an additional five percent of the project and that basically involves them giving us another cash payment so they would take
The number of ounces that they’ve discovered let’s just call it a million ounces for ease of mathematics and and then they pay us approximately five dollars per ounce for that so we get another cash payment coming in so over the course of five or six years we hope that from anglo gold we’ll see investment of the order for 20 million or a little more and uh
And that’s very very good for the company for shareholders uh it should give shareholders hopefully exactly what they want everyone invests everyone wants the the opportunity and to be involved in a large discovery and that’s exactly what anglo gold are trying to do and if they’re successful that should make a very material difference to the company and the
Company’s valuation which would be very very good for shareholders i think now with so many different expiration companies out there what would you tell potential investors watching today that makes you stand out compared to the rest of the companies in the space oh well i hope we stand out i hope we’re very serious about what we’re doing and we’ve got a very
Disciplined approach to our business model we have lots and lots of properties more than the typical exploration company and what that means is that there’s more opportunities for success ultimately we aim to farm out the properties to companies and we have the companies that we farm it out to spend all of the money so we retain a minority interest but we also
Severely limit the dilution to shareholders so you have to trade off those two things against each other you know you know that you’re not going to get diluted as a shareholder at least not excessively and you also know you’re going to have a minority interest in a whole range of projects and if one of those projects is a very big success then the company will
Be a success as well uh from our perspective you know we have an excellent technical team we’re acquiring very high quality projects and that is evidenced by the fact that we’re getting deals with major companies uh in the last two months we’ve signed definitive option agreements with barrick gold and with anglo gold and if you want to look around vancouver you
Won’t see too many companies that have achieved that in such a short period of time that speaks to our very high quality projects our management and board together own 49 of the company so our interests are very closely aligned with those of shareholders and as ceo i’ve got 4.6 of the company now that’s that’s common in vancouver you’ll see a lot of companies
Where the ceo’s got a a significant position but you’ll also often see that the ceo has purchased those shares at one cent or five cents but they want the shareholders to buy those shares at 20 cents well it’s not the case here you know we’ve my average price for the shares that i purchased myself has been 18 cents and and i’m buying the same shares that other
Shareholders are buying as well and i think that that’s pretty positive for everybody uh you know limitation of dilution is really the core objective here most of the money is spent by our partners for every one dollar that we spend we see five dollars ex spent by partners that’s our prediction for this year and we’ve got a very very low burn rate so various
Aspects and lots of things that i think make us stand out from from lots of other companies and and even from other prospect generators keith can you tell us about the ip survey results the company just announced at the laksha project in peru yeah this this is a great project for us it’s it’s what every prospect generator wants to find it’s it’s something that
We acquired by staking which is a very cheap process you require the property for almost nothing really we’ve done a few layers of exploration which is the business that we do we do the early stage relatively inexpensive surface exploration and ip was really the last step in that process ip is a little bit more expensive it takes a couple of months to do but
It really works well and it’s with all of these layers of data we’ve been able to establish uh what we think are very good drill targets we’ve got four different areas for drill targets we’ve signed a three-year deal with the community which allows us to get through the drill permitting process and we’ve also recently had the the go ahead from the government
To to go forward with that drill permitting process so we think they think we’ll have a drill permit by around the end of august or early september and it’s a very critical step that will really really help us to get a partner on this one as well so so we’ve gone over the course of a year and a half from from staking the property to being very successful on
The ground to defining drill targets hopefully getting a drill permit and hopefully finding a partner and that’s exactly what we set out to do and it’s been a very big success congratulations on your success now these have been really tough market conditions and it’s been difficult to get liquidity into the stock what is the company doing to attract more
Retail and institutional investors look nobody ever nobody ever invested in the company they never heard of so that’s the first step uh as i mentioned this was a kind of a two or three year building process for us we had the idea we put the company together we invested and and here we are we’re at the end of the process of a long hard building process and
We’re ready to go we’ve really literally just started marketing we’ve we’ve been marketing for two months uh doing things just like this trying to get our name out trying to get the story out so that people that are interested can can really take a look at it we’re also doing a lot of very targeted marketing towards high net worths and institutions as well so
We’re just trying to go from from nothing from being completely unheard of to to being a very well-known company uh you know this is this is a particularly crappy market let’s say you know investors have got a choice every day they can either panic and sell everything and a lot of people take that choice and that’s fine or you can go and look for like severely
Undervalued high potential well-managed companies that are are strictly investor focused and and i hope that when people take a look at the company they’ll start to see some of those attributes in latin metals now we’re almost half of the year uh done and through the first two quarters are almost complete what is the company doing for the next two quarters to
Really spark investors interest yeah look the the first two quarters were great we were able to announce a couple of good deals and a lot of good exploration results as well like going through the next couple of quarters we’ll be starting to get data back from barrick gold and from anglo gold from the work that they’re doing on our projects in argentina uh we
Hopefully will get drill permits from esperanza that’s a copper project that we optioned out to libero copper and gold and libero are working on the drill permit and hopefully quarter four that comes in and that gets started as well we’re looking for partners for laksha and oak was two of our projects in peru and as i mentioned we hope to have the drill
Parameter at laksha in q3 and then just basically it’s an ongoing development of the project pipeline as as these projects get optioned out to major companies we need to have other projects coming in at the other side so it’s constantly developing the pipeline and constantly growing the base of of exploration projects more exploration projects more chance of
Success it’s as simple as that if there was one thing you would want shareholders to know about latin medals today before we say goodbye what would it be i think some investors are are aware of the inves of the prospect generator model some not so much it’s been an area where there’s been a lot of research over the last couple of years and it shows that the
The business model works really as intended statistically a company working with this model is more likely to be involved in discovery of a very large deposit and that can be statistically proven more projects and a lot of partner money spent on the expiration makes sense if you think about it so simply put it’s just demonstrably more chance of success in
A very high risk and very high reward investment opportunity an investment category and and i don’t know what more you can ask for if you if you want to get a big return from the expiration industry you should invest in a company that’s got more chance of success keith we’re going to have investors from all over the world that are going to see this interview
They’re going to learn about your company what is the best way for them to get in contact with you if they have any questions ultimately i’m available to anyone that wants to speak about the company or the investment we usually do that through we’ve got a little form that we fill in on the website if anyone wants a call with management they can fill in their
Details they’ll get directed through to alicia patterson who’s a key part of our management team she looks after all of our marketing and investor relations and she’ll be able to connect people through to me as necessary so that’s probably the easiest way to go we can also maybe put her phone number on her email contacts into this video when you post i’m sure
She’d be happy with that and give people an easy way to get a hold of her that’s fantastic now i must remind everyone that rich tv live is strictly for information and education purposes please do your due diligence do your research before you invest in anything we talk about or discuss here on rich tv live in saying that i want to put your attention to latin
Metals the symbol in canada as you can see here lms the symbol in america lmsqf put on your radar put on your watch list if you’re not winning you’re probably not watching bringing the winners and we bring them to you first thank you for joining us today the founder and ceo of latin medals keith henderson thank you for joining us today keith great thanks very
Much indeed take care always a pleasure we wish you the best of luck and for those of you guys that are watching if you liked the video smash the like button comment down below share the video everywhere and subscribe this is your host rich from mercy tv live saying have a nice day everybody we’ll see you soon you
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Latin Metals Inc. (TSXV: LMS)(OTCQB: LMSQF) CEO Keith Henderson – RICH TV LIVE By RICH TV LIVE
