Adrian Day: Big Mistake for Major Miners to Boost Their Dividends

Adrian Day of Adrian Day Asset Management is a seasoned investor, speaker, author, and fund manager. In this interview at PDAC 2020, Adrian shares his commentary on the gold and resource sector and his observations at PDAC. He discusses at what point gold royalties could be considered overvalued as well as how to value a single asset producer. Also, Adrian shares why he believes it is a big mistake for the major miners to be boosting their dividends right now. 0:15 Introduction 1:08 Adrian’s clients’ responses to recent sell-off 2:44 Base metals commentary 3:54 At what point do gold royalties become overvalued? 7:36 How to value small, single asset producers 9:06 Commentary on mid-tier miners 10:26 Are major miners giving away dividends too early? 13:02 ESG issues overemphasized? 14:40 PDAC observations Sign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Check out Brian Leni’s newly-launched subscription service: https://www.juniorstockreview.com/premium-subscription/ At checkout use code “Powers” for a 40% discount offer which is good for March 2020 only. The content found on MiningStockEducation.com is for informational purposes only and is not to be considered personal legal or investment advice or a recommendation to buy or sell securities or any other product. It is based on opinions, SEC filings, current events, press releases and interviews but is not infallible. It may contain errors and MiningStockEducation.com offers no inferred or explicit warranty as to the accuracy of the information presented. If personal advice is needed, consult a qualified legal, tax or investment professional. Do not base any investment decision on the information contained on MiningStockEducation.com or our videos. We may hold equity positions in and/or be compensated by some of the companies featured on this site and therefore are biased and hold an obvious conflict of interest. MiningStockEducation.com may provide website addresses or links to websites and we disclaim any responsibility for the content of any such other websites. The information you find on MiningStockEducation.com is to be used at your own risk. By reading MiningStockEducation.com, you agree to hold MiningStockEducation.com, its owner, associates, sponsors, affiliates, and partners harmless and to completely release them from any and all liabilities due to any and all losses, damages, or injuries (financial or otherwise) that may be incurred.