Michael Gentile: “90% of My Net Worth is in Junior Mining Stocks & I’m Still Deploying Cash”
At The Mining Event of the North conference in Quebec City, MSE host Bill Powers interviews strategic resource investor Michael Gentile about his long-term, venture-capital style approach to junior mining. Michael says that 90% of his net worth is currently in junior mining stocks and he is still deploying cash into new positions.
Gentile says his major win in Northern Superior Resources and a takeout of Arizona Sonoran validated and de-risked his process, and he plans to redeploy the gains while maintaining a 5 to 10-year horizon and diversified portfolio of about 35 companies, with deeper involvement in 15–20 issuers. He explains his risk control (starting with ~1% positions, adding to ~5% if aligned), the importance of management, cap-table quality, infrastructure, and disciplined technical due diligence via expert networks. Gentile discusses financings (holds vs “life” deals, avoiding life-with-warrant fast money), common retail mistakes (impatience and poor timing), commodity preferences (mostly gold/silver, some copper), and how his faith influences his work and charitable plans through the Apostles Fund.
00:00 Intro
00:40 Northern Superior Win
01:24 Venture Capital Playbook
04:30 Hands on Value Add
05:51 When Management Fails
08:19 Cap Table
09:46 Life Financing Debate
12:38 Process Refinements
14:36 Site Visits
16:35 Network Driven Due Diligence
19:54 Protect downside or seek upside?
22:26 Retail Mistakes Patience
25:18 Thinking Like a Major
27:24 Commodity Mix and Cycles
29:57 Can He Ever Quit?
31:45 More Precious than Gold: Faith and Giving Back
