Part 1: My world came crashing down.
Peggy Witte (now named Margaret Kent) in the early 1990s as CEO of gold miner Royal Oak Mines. Credit: Margaret Kent archives.
“There’s a few of us still left around the industry who have seen it all and done it all.”
So begins this exclusive, in-depth interview with Stratabound Minerals chairman Margaret “Peggy” Kent, carried out by Northern Miner senior staff writer Trish Saywell on the sidelines of the PDAC convention in Toronto earlier this year.
Stratabound Minerals chairman Margaret “Peggy” Kent at the company’s Golden Culvert gold-silver property in the Yukon. Credit: Stratabound Minerals.
In Part 1 of the interview, Peggy reflects on some of the wisdom she’s gained from her long and controversial run as a mining executive, particularly as CEO of Royal Oak Mines (when she was named Peggy Witte) including major problems at the Giant mine in Yellowknife, N.W.T., and the gold major’s devastating bankruptcy in the mid-1990s.
She also talks about the Yukon today and her latest venture Stratabound Minerals, with its grassroots gold property in the territory.
This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca) and the Grosso Group (www.grossogroup.com).
Audio Editorial Assistant: Liam Zisman
Music Credits:
“Miami Nights – Main Theme” and “Andrea’s Theme” by Kevin MacLeod (www.incompetech.com)
Licensed under Creative Commons: By Attribution 3.0 License
creativecommons.org/licenses/by/3.0/
(For Part 2, click here.)
As a person who has worked in exploration and in mine production since 1974, I appreciate what Margaret Kent shared about the trials and tribulations of seeking investment money while looking for properties with potential to move projects forward. I am very pleased that she shared her experiences from past endeavours.
I am certain she is aware of the sentiment out there in regards to past investors who lost major chunks of their money. I am one of those. I understand the risks involved in speculating in penny stocks and do not hold Margaret responsible for my losses. I have had great success in speculating in other resource stocks but it took a great deal of due diligence to get a grasp on the different cycles in the resource based industries. Hearing Margaret talk about this leads me to believe that she is being much more cautious. Margaret deserves to find success and I wish her well.