What to Look for When Investing in Gold Producers with Retired IAMGOLD CEO Steve Letwin

Retired IAMGOLD CEO Steve Letwin discusses what to look for when investing in gold producers. Steve Letwin was appointed President and Chief Executive Officer and director of the Board of IAMGOLD on November 1, 2010. Specializing in corporate finance, operational management, and mergers and acquisitions, Mr. Letwin brought to IAMGOLD over 30 years of experience from the highly-competitive resource sector. During his time with IAMGOLD, he aligned the Company with a vision of an intermediate, pure gold play, managed government relations with our partners in Suriname, Burkina Faso and Senegal, and led corporate strategy. In January 2021, Steve retired from IAMGOLD. In February 2021, Steve took on the role of president and CEO of the Mancal Corporation in the energy sector. Steve has been on the board of Mancal since its inception in 1999.0:00 Introduction2:04 What can the gold sector can learn from the oil sector?4:33 Will gold producer CEOs make the same mistakes as last cycle?5:44 Consolidation needed among gold mid-tier producers?7:43 Best M&A transaction in past year?9:07 What should execs do so that excesses of the last gold peak do no reoccur?11:48 Balancing investor short-term expectations with company’s long-term interest15:03 Investor misconceptions18:26 Advice to gold execs developing their first producing asset21:00 Using debt to grow a gold producer22:42 Ideal gold development project26:34 Outlook for oil and gas sector29:35 Steve’s new roleSign up for our free newsletter and receive interview transcripts, stock profiles and investment ideas: http://eepurl.com/cHxJ39 Sponsor info: https://americaneaglegold.ca/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 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.