https://ceo.ca/@newsfile/goldspot-expan ... cquisition
Goldspot wordt de facebook van de miningindustrie!! Gigantisch potentieel!!!
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Canadian Kyle sits down with the CEO of GoldSpot Discoveries. Vincent explains the origins of GoldSpot and the recent acquisitions of Geotic and CEO.ca. With these acquisitions there is a clear vision to help exploration companies with many services both in technical and marketing. It will be interesting to see what comes of the revamped CEO.ca and the utilization of Geotic with Litholens and other SAAS based technology that is in the R&D pipeline at GoldSpot.
6:00 What is GoldSpot and their business model?
10:15 What is Geotic and how will it add value?
12:50 The CEO.ca deal
19:07 With so much growth in different areas, how do you avoid stretching yourself too thin?
21:25 Any exciting projects you want to talk about?
23:25 Cash position and possible dilution?
25:05 The Vault
As someone fairly outspoken and active on numerous message boards, two most common questions I encounter regarding Goldspot Discoveries are: (1) What is it that Goldspot actually does? (2) Why would an AI Mining company buy CEO.CA, a social media platform?
While these are often asked with an intent to critique, they are valid questions but also the key to understanding the true future value and potential of Goldspot. To me, all three of Goldspot’s recent acquisitions make perfect sense if you look at Goldspot’s development in three phases. Clearly Goldspot is attempting to revolutionize the entire junior mining exploration industry and they are the only company that is even attempting to solve the actual problems that plague the industry as a whole.
In this three-phase development analysis, Goldspot has already executed version 1.0 flawlessly - going from fledgling new start-up to profitable public company in just over 3 years. Most companies never even get this far and Goldspot accomplished this with remarkable ease. Goldspot is now in the midst of executing version 2.0 of the development of its business with its acquisition of Ridgeline and Geotic (as well as other potential acquisitions that we are not aware of).
The reason CEO.CA came as such a surprise to so many is that it is beginning to establish the groundwork on the bigger vision of version 3.0 that solves the single biggest problem within the junior mining exploration industry as a whole - How do you adequately capitalize good and sound exploration projects while avoiding needlessly throwing financial resources at questionable or marginal projects (which constitute the overwhelming majority)? I think most people are still coming to understand the transition from Goldspot 1.0 to 2.0. So the skip ahead to putting pieces in place for the eventual transition to 3.0 becomes a little confusing or out of order. But, if viewed within the overall objective of revolutionizing junior mining exploration, it is simply impossible to accomplish that objective without solving what I have termed “The Capitalization Problem.”
I hope that the articulation of the phases below helps folks better understand who Goldspot was, what it is now becoming, and what it can become in the future.
• Goldspot 1.0 - Establish Goldspot’s Niche (Proof of Concept/Integrating AI & Machine Learning into Mining Exploration/Development of Investment Model)
o This phase of development had four major objectives/accomplishments:
Be the first (or among the very first) to demonstrate that AI/Machine Learning can be successfully applied to existing geological work.
Demonstrated that there is adequate demand for Goldspot’s services that allows for strong future growth of this niche.
Demonstrate that Goldspot’s management team can raise the capital necessary to fund the future growth of its business model.
Roll out its model of investing in traditionally underfunded junior mining exploration companies and that it could develop a portfolio of investments that has the potential to bring long-term shareholder value.
• Goldspot 2.0 - Development of Full Services Suite that Can Modernize the Overall Sector (Integration of Goldspot Services Throughout the Entire Process of Mining Exploration/Rollout of New Technology Tools Into Exploration Processes)
o At this phase, Goldspot begins to expand its services outside of the scope of AI/Machine Learning. It does this through both acquisition and internally developed R&D.
o Acquisition of Ridgeline Exploration Services transitions Goldspot from just assembling/analyzing existing data into the realm of acquiring and developing customer data so that it can then be assembled/analyzed through Goldspot’s AI/ML tools.
o Acquisition of Geotic provides an effective interface through which Goldspot can collect, process, and distribute its work to its clients. Essentially this becomes a major piece of the packaging of its services.
o With the acquisition of Ridgeline and Geotic, Goldspot also has the tools to effectively roll out its internally-developed products like Litholens.
o There may be additional acquisitions as Goldspot tries to integrate every function of the exploration process that it can into its suite of services.
• Goldspot 3.0 - Solving the Capitalization Problem
o The Real Problem (and it is a BIG one!): Junior mining exploration companies are simply bad investments overall. 98+% of junior mining companies on the TSX.V end up failing long-term. No other industry has such a consistent track record of repeated failure. The few that succeed may have ridiculously lucrative returns, but junior mining exploration overall has major difficulties developing a new class of investors (particularly among retail) and accessing new investment interest for several reasons including:
The junior mining investment community is a den of vipers (a characterization that may be offensive to most vipers) and has way too many bad actors operating within the JM investment space that mercilessly take advantage of new investors with misleading PR/IR material. After running one pump and dump into the ground, these bad actors just jump over to the next. Rinse and repeat. First time investors into a junior mining company almost always get burned in their first experience and after experiencing that, it is no surprise why they never want to touch the sector again.
Most retail investors simply don’t have the tools or knowledge necessary to differentiate between projects worthy of development and projects that are fluff. I have been around the industry for several years and feel like I have far better than average understanding and it is often very difficult for me to distinguish the good from the bad apples even after a few hours of research. The first-time or casual investor simply doesn’t stand a chance in that environment.
The business model of junior mining (i.e. development of claims in order to sell off to production companies) is confusing to investors. This also causes casual investors to obscenely overvalue mining projects by calculating spot market price not in-the-ground price of resources as well as not factoring in cost of excavation and extraction into their valuations.
Casual investors normally have horribly distorted timelines for how long it takes to move through the exploration, permitting, and development process. Most are thinking a long-game is 12-24 months tops, when in reality, the process is more like 5-10+ years. Such a large delta between expectations and reality leads to many investors feeling jilted by the companies they invest in.
Junior mining projects are subject to the whims of current commodity price changes that have very little to do with what the commodity price will be when a project is actually scheduled to go into production.
o The Goldspot Solution: Goldspot’s acquisition of CEO has the opportunity to radically transform junior mining in a way that can resolve the capitalization problem.
Goldspot has the tools and experience to analyze various projects to determine which ones merit continued exploration and development vs. projects that have little probability of long-term success.
Because of Goldspot’s deep involvement with its clients, it is able to assure that money raised is applied to the right places and not just used to enrich management/insiders.
Once Goldspot has made its analysis of a project, it will be able to use CEO to really educate the market with useful information to allow investors to make better long-term investment decisions.
After making its analysis, CEO becomes the go-to tool for exploration companies to disburse information. Through its ownership of CEO, Goldspot is able to exercise some reasonable control over those bad actors that are seeking to profit on publishing misleading material (most likely by adding ratings and useful evaluation tools in conjunction with the material published by these companies to verify their material).
• By building and deploying the tools so that investors can consistently make long-term returns on junior mining exploration investments, this also allows Goldspot’s clients with worthy projects to gain access to necessary funding needed to bring their projects all the way through the development cycle.
• I am convinced that once you understand what Goldspot is trying to assemble, you will as bullish as I am!
Ik ben benieuwd naar de volgende resultaten !!!