In today’s episode, you’ll hear from Douglas Hurst. He is a person that knows all about building successful companies in bad markets. Doug is now Chairman of Northern Vertex Mining Corp. He is also a lifelong miner who started his career as an exploration geologist. He eventually transitioned into working as a mining analyst, before becoming a notable mining entrepreneur and executive. There’s no doubt that he truly enjoys the work he does and the career he has led.
He is reluctant to say it, but he has created incredible value by developing and selling assets that would otherwise have stayed out of the limelight. As an example, he and a partner co-founded International Royalty Corp., which they later sold for over $700 million. This was followed by a leadership position in Newmarket Gold, where the acquisition of some gold assets was later sold to Kirkland Lake for over $1 billion. As the chairman of Northern Vertex, Doug shares his experience and how it applies to the team and project he is working on now. He also talks about how they are following a similar playbook to past successes, and the wild bull markets and devastating market crashes he has experienced in his 30-year career. Doug details this whole experience and how he has stuck with the industry through all its ups and downs.
Tune in today to find out more!