Insider Tips and Veteran Insights from 30-year Junior Mining Stock Pro Michael Kosowan
In this episode of Mining Stock Education, host Bill Powers interviews mining sector veteran Michael Kosowan. Michael shares his journey from a family background in mining engineering in Northern Ontario to becoming a major investor in the mining sector. He offers valuable insights into the psychology of junior mining stock speculators and the importance of holding winners. Michael also discusses his investment strategies, significant stock picks, and the critical qualities he looks for in junior mining executives. This episode is packed with actionable advice for both novice and seasoned investors looking to profit from junior mining stocks.
00:00 Introduction to Mining Stock Education
00:40 Meet Michael Kosowan: From Mine Engineer to Investor
01:13 Early Career and Transition to Finance
06:17 The Impact of the Bre-X Scandal
10:44 Joining Rick Rule and Building a Client Base
14:48 Investment Strategies and Success Stories
19:23 The Importance of Founder Shares and Executive Focus
23:28 Investor Psychology in Junior Mining Speculation
25:20 Understanding Speculative Stocks and Hubris
25:38 Transitioning to the Issuer Side
27:18 Qualities of a Junior Mining Executive
30:05 Balancing Risk and Reward in Junior Mining
32:19 Personal Investment Strategies and Portfolio
37:03 Involvement with Eminent Gold Corp
37:52 Involvement with Torq Resources
40:00 Involvement with TDG Goldcorp
44:14 Exit Strategies and Long-term Vision
46:07 Final Insights and Advice for Investors