Ray Warke. (Presented picture)
When Richard Warke wrote the successful sale of Arizona Mining Inc. This summer, the headings that dealt with investment community approval.
After all, at $ 2.1 billion Cd, the sales represented an increase of 6,100% in the company's share price.
Only in a series of mining company sales organized by Warke, the Arizona mining act that, over the past 25 years, has found a mining company or has led more than $ 4.5 billion companies in the international resource sector.
In the process, he has made billions of dollars for investors to fall enough to invest in their companies and build a personal net worth of over $ 1 billion.
In 2005, Warke established the Augusta Companies Group, which included Arizona Mining, Ventana Gold Corporation and Augusta Resource Corporation. Ventana Gold was one of South America's most standard gold finds, which grew to over four million gold ounces and sold in 2011 for over $ 1.3 billion.
This returned for early investors of over 13,000%. Over the same period, the Augusta Resource developed one of the largest copper projects in the United States and was sold in 2014 for around $ 700 million, representing a win of over 3,000% for investors.
Indeed, out of numbers like these, this makes Warke stand out in the mining industry as a combination of skills and instincts that others can get individually, but scarce to find with & All. Not only is it smart, as Kevin Thomson, Barrick Gold Corp, puts it, or is tired and bad.
In addition, Warke can present his ideas and findings to a wide range of benefits to create profitable growth and consequences – leaving a memorable effect.
Before joining Barrick Gold, Thomson was a leading Canadian M & A solicitors, and Warke had companies among his clients.
"Over the past 15 years, so I've known it, Richard has shown that it is outstanding in creating value," said Thomson.
"He is one of the most tasty people I've met in understanding how to build and protect the value of a public company," said Thomson. "He is also one of the most tasty people in his ability to go anywhere, any geography, and discover and develop an outstanding mineral deposit."
The challenge is to balance those abilities in the mining industry. Those who are less successful than Warke have usually had a better understanding of geology than they had from capital markets, Thomson explains.
"He knows how to use a debt in a prudent way that reduces weakening without enforcing the solvency of the venture and then repaying the debt when the share price justifies the share announcement to financing & company better, "he said. "It is also about understanding the implications of dips in the prices of goods and how to prevent it. It has avoided the traps that have hurt other junior companies."
Ross Beaty is on the same page as Thomson when he comes to Warke. Beaty is the founder of Pan American Silver Pancoon, who has invested in some of the Warke companies.
In the resource business, luck can be a confidential ingredient that makes a successful deal. As Beaty gives it, smart can lead you to good discoveries, luck gives you a great deal, with timing in a laptop. Both were shown in the Warke's Ventana Gold and Arizona Mining enterprises, he said.
But, Beaty's estimation, Arizona Mining was Warke's grand grand slam.
The zinc, lead and silver border on the U.S.-Mexico border was an original discovery that Growing Warke grows from nothing to become one of the largest five largest metal metals in the world, with $ 2.1 billion worth. Warke did this in a bear market at zinc prices and an uncertain objective for the economy of the world.
"It was an incredible price for a grand slam project," said Beaty.
Following the sale of Arizona Mining, Warke now directs its focus on growing Titan Mining. Having located in the state of New York in an area with a rich mining history, Titan Mining is a sink miner developing a series of seven promising mines.
With Warke as chairman of Titan Mining, the company has already attracted an early investment interest.