Three promoters under 30
2019-01-02 22:26 ET - Street Wire
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by Stockwatch Business Reporter
Stockwatch Street Wires sometimes cover stories about the ends of promotional careers in the market or, more commonly, detours; these stories typically involve fines, bans, disgorgement and occasionally a trip to the hoosegow. In this three-part series, we take a look instead at the other end of some promotional careers, the start.
Part 1: Son of a mining promoter
For one young man, the story begins with his father. Collin Kettell, 28, grew up in Maryland and is now a mining promoter and investor living in Puerto Rico. His father, Ralph Kettell, is a retired engineer. As Collin is fond of saying, he "comes from a family with deep ties to mining and many past successes including co-founding AuEx Ventures, the company responsible for discovering the Long Canyon deposit, which was ultimately acquired by Newmont Mining for $2.2-billion."
Billion-dollar figure aside, what happened was that the elder Mr. Kettell was one of three men who came together in the early 2000s to invest in Nevada mining properties. Collin told Stockwatch that in 2002, when he was about 12, he saw his father write a cheque for $100,000 (U.S.) and was duly impressed by the figure. His father, clearly a risk taker, had remortgaged their house to participate in Nevada mining property investment, along with geologists Ron Parratt and Richard Bedell.
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You too forget that “promotion” really is the asset or mineral prospect or tangible asset. You need to write about recent deals taken over that actually drilled an asset, that is true promotion, or pot deals that actually have delivered pot to retail that is being smoked, that is promotion, the rest is playing office not promotion.
Posted by Duh at 2019-01-03 07:59
In real promotion news, former Blackoool security, the company that made trillions from USA invasions, has setup a $500 million fund for EV related deposits. Maybe some of the local promoters may get financed if their EV related assets are real,otherwise it is just playing office.
Posted by Yeah at 2019-01-03 08:41
I'm not sure the point of this series; Stockwatch benefits from Company Promotion. Investors receive the info and do their own DD.