If you have not seen the film Without Limits, it is worth watching. We can learn something about the drive that is needed to succeed in life, and in the world of investing. Without Limits is a 1998 American biographical sports film. It is written and directed by Robert Towne and follows the relationship between record-breaking distance runner Steve Prefontaine and his coach Bill Bowerman, who later co-founded Nike, Inc. Billy Crudup plays Prefontaine, and Donald Sutherland plays Bowerman. It also stars Monica Potter, Jeremy Sisto, Judith Ivey, Matthew Lillard and William Mapother. The film produced by Tom Cruise (Cruise and Mapother are cousins) and Paula Wagner was released and distributed by Warner Bros. Due to a very low-key promotional campaign, the $25 million film grossed only $777,000 at the box office, although it received good reviews from many major critics. Sutherland received a Golden Globe nomination for Best Supporting Actor for his performance in the film. One of the most powerful quotes in the film is this one: “My philosophy is that I'm an artist. I perform an art not with a paint brush or a camera. I perform with bodily movement. Instead of exhibiting my art in a museum or a book or on canvas, I exhibit my art in front of the multitudes.” - Steve Prefontaine At IWA, this reminds us of how important choosing the right leadership is when investing in public companies. You need to invest ONLY with leadership that give their absolute best and behave like an artist. Avoid all others. Here is a list of a few artists that we are invested in at IWA and that we strongly encourage investors to own in their own portfolios. These are true artists and the companies they are building should be owned by all. We have changed title from CEO to CEA. Chief Executive Artist.
Orezone Gold Corporation (ORE:TSX.V) is developing the Bomboré Gold Project in the established gold producing country of Burkina Faso. The Project has a large oxide resource underlain by a higher-grade sulphide resource, which remains open for expansion. In 2019, Orezone released a positive Feasibility Study on Bomboré that outlined a robust project, producing 1.6M oz over its 13+ years mine-life with After-tax NPV5% of USD $361M, IRR of 43.8% and 2.5-year payback at $1,300/oz Au. The Company plans to develop Bomboré in two stages to reduce the initial capital expenditure requirements. The Company’s Board and Management have extensive experience in mine development and operations and are significant shareholders of Orezone. Focus: Gold - Burkina Faso CEA: Patrick Downey Symbol: ORE
Pan Global Resources Inc. (TSX.V: PGZ) is a Vancouver based junior resource company actively engaged in base and precious metal exploration in Spain. Pan Global's Board of Directors and Leadership Team bring decades of knowledge and global exploration experience to the Company. The team has led their respective organizations to successful exit strategies or i nto production, generating hundreds of millions in shareholder value. Focus: Copper - Spain CEA: Tim Moody Symbol: PGZ
Northern Graphite is a mineral development and technology company focussed on developing its Bissett Creek graphite deposit and upgrading mine concentrates into high value components used in lithium-ion batteries, electric vehicles, fuel cells, graphene, and other advanced technologies. Focus: Graphite - International CEA: Greg Bowes Symbol: NGC
Cornish Metals (TSX-V: CUSN, AIM: CUSN) is an Associate Company of Osisko; Barkerville Gold Mines, a wholly owned subsidiary of Osisko Development Corp. (TSX-V:ODV), is the Company’s largest shareholder, holding 19.44% of the issued share capital. Cornish Metals is a Canadian mineral exploration and development company focused on its mineral projects in Cornwall, United Kingdom with its flagship projects being the United Downs copper-tin project and the South Crofty tin project. In addition, the Company holds 15,000 ha in exploration licences across the county. It also maintains an interest in the Nickel King project, an exploration property which is prospective for nickel in the Northwest Territories in Canada and the Sleitat project, an exploration property which is prospective for tin and tungsten in Alaska. In addition, the Group holds a royalty on two non-producing tungsten assets located in the Northwest Territories and the Yukon, Canada. Its focus is the United Downs copper-tin project, where a near surface high-grade tin-copper mineralization discovery was made in 2020. The South Crofty tin project, which is located 8 kms to the west of United Downs, is a strategic asset for the long-term Focus: Tin and Copper - England CEA: Richard Williams Symbol: CUSN
Outcrop Silver & Gold Corp. is a Canadian company actively exploring for precious metals in Colombia and looking to expand into other high opportunity jurisdictions. Our offices are in Vancouver, Canada and Medellin, Colombia. Our primary listing is on the Toronto Venture exchange under the symbol OCG. In addition, our shares are listed in the United States (OTCQX: OCGSF) and in Germany (DB: MRG1; ISIN: CA6900221087). Outcrop is rapidly advancing exploration on five silver and gold exploration projects with world-class discovery potential in Colombia. Outcrop is currently drilling the Santa Ana historic high-grade silver district. These assets are being advanced by a highly disciplined and seasoned professional team with decades of experience in Colombia. 2021 work programs are fully financed with a broad range of institutional shareholders. Focus: Silver and Gold - Colombia CEA: Joe Hebert Symbol: OCG
Winshear Gold Corp. (TSX-V:WINS), formerly Helio Resource Corp. is a Canadian based junior gold exploration company focused on its highly prospective Gaban Gold Project located in the Puno Orogenic Gold Belt in south eastern Peru. In September 2019, Winshear completed the acquisition of the Gaban Gold and Tinka I.O.C.G. projects in Peru from Palamina Corp. (TSX-V:PA). The Gaban Gold Project, located in the Puno Orogenic Gold Belt in south eastern Peru, is approximately 750km east-south east of Lima. The Gaban area is one of the possible bedrock sources of the alluvial gold being mined in the drainages at Gaban and also at the giant Madre De Dios alluvial gold fields 40 kilometres north of Gaban). During field campaigns in 2019 and 2020, Winshear has outlined a gold anomaly that measures some 2000 by 900 metres. Winshear intends to drill the first holes ever drilled at Gaban in 2021, and to that end has begun the drill permitting process. Focus: Gold Exploration- Peru CEA: Richard Williams Symbol: WINS
Statements which are not purely historical are forward-looking statements, including any statements regarding beliefs, plans, expectations, or intentions regarding the future. It is important to note that actual outcomes and the Company’s actual results could differ materially from those in such forward-looking statements. Risks and uncertainties include, but are not limited to, economic, competitive, governmental, environmental, and technological factors that may affect the Company’s operations, markets, products, and prices. Readers should refer to the risk disclosures outlined in the Company’s Management Discussion and Analysis of its audited financial statements filed with the British Columbia Securities Commission. NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.