The bell has rung
Sometime about two weeks ago a bell must have rung, and very loudly, somewhere in our network.
That bell tells us that there’s smart money starting to move back into the equity markets. In a big way.
We’re getting a huge number of inbound calls from our Canadian Investment Advisors and Euro & UK family office/fund networks these days. It’s unexpected, surprising – and encouraging. And it’s a very bullish sign at this time of the year and the market cycle. It’s clear now that the large amounts of discretionary capital allocated for the equity markets - that’s been on the sidelines for most of the last year - is now poised to come back into the market.
The bell tells us it’s the opening round – it’s “game on!” for some of the smartest money in our network.
THere are three things I thought You Should Know that tell me there’s never been a better time for our clients to be out telling their stories:
A strong roadshow schedule: Our Canadian and European networks are welcoming a strong line-up of companies that have confirmed roadshows with us in November – which is rare for this time of the year. Here’s what’s on tap, with another six or seven companies poised to confirm with us before the end of October:
Sernova Corp. SVA-T $0.71 Mkt Cap $212 million – regenerative medicine therapeutics platform that’s developing technologies for insulin-dependent (T1) diabetes, hemophilia A and thyroid disease. We’re expecting to confirm dates later this week for visits to London, Geneva and Zurich in early November.
Deveron Corp. FARM-V $0.24 Mkt Cap $37 million – Canada’s leading ag-tech company, rolling up a fast-growing platfrom of soil laboratories across Canada and the US. They’ll be in Montreal with Peterson Capital Managing Director Alexis de la Renaudiere on Tuesday, November 7th. We’ll confirm other dates and locations with them shortly.
Taseko Mines TKO-T $1.52 Mkt Cap $445 million – I’m looking forward to joining Taseko VP of Investor Relations Brian Bergot in Dublin on November 13th and London on November 15th with Peterson Caital’s Peter Cowan as we take this compelling North American copper story to Europe in the wake of a huge catalyst for the company – the announcement on September 14th of the final EPA permit for development of its Florence Copper project.
Kiwetinohk Energy KEC-T $12.46 Mkt Cap $569 million - this is a relatively unknown – outside of Alberta - but very strong, Calgary-based upstream oil & gas/green energy project developer that Peterson Capital’s Greg Stumph and I first took out to rave reviews a few weeks ago here in Edmonton and Calgary. So now, Pat Carlson and Jakub Brokowski from KEC will be in Toronto, Montreal and Halifax from November 14-16.
If you’d like more details or would like an invitation to meet with these companies, please let me know asap. These spots will all be fully booked.
2. Mining markets in Europe – there are three key mining events taking place in Europe in November: the Zurich Precious Metals show November 13-14; the 121 Mining Investment conference in London November 20-21; and the Mines & Money investment conference, also in London, on November 28-30th. I’m hearing that these shows are all sold-out – so very strong interest in Europe on anything in the mining sector right now.
We’re currently finalizing plans for a number of our client companies who will be at these shows and are interested in taking advantage of their time there to meet family offices elsewhere in our Euro network of 16 cities. From London or Zurich it’s easy to get to any of our family offices in Dublin, Paris, Madrid, Milan, Monaco, Geneva, Zurich, Rome, Frankfurt, Munich, Hamburg, Berlin, Luxembourg, Brussels.
If you’re heading over there, or know someone who is, let me know and we’ll get you in front of a strong audience. There’s never been a better time.
3. Diamonds in the rough: Our Peterson Capital Investor Relations Capital Markets Support Desk is currently working with four outstanding companies who all share the same three key traits:
They’ve been out with our network and have met a strong group of IAs and family offices who know their story and follow them.
Over the past 12 months, these companies have met milestones, achieved key catalysts, grown their businesses and generally executed on most of their key objectives
The brutal state of the small-cap and micro-cap markets have punished these companies unfairly – meaning they are poised to rebound strongly once we get past year-end tax loss selling.
If you’d like more details on these “diamonds in the rough”, let me know. And if you know of a company that could use some help like this, we’d love to hear from you.
Thank you for your continued interest and support.
Rick Peterson (He/him)
Chair