Mr Athabasca as they call Tim and his partner M

first_imgMr. Athabasca, as they call Tim, and his partner Matt Mason have made a fortune being ahead of the curve staking mineral claims and then selling them to early-stage public exploration companies. No person or company has staked more claims in the history of Saskatchewan, Canada (10 million-plus acres) than Tim Young and Matt Mason. Tim cut his teeth early on in the sector by roughnecking it. He took Doug Casey’s advice to skip post-secondary education and jumped into his passion at a very young age. His father was involved in the junior exploration business, but it was Tim who seized the opportunities and paid his dues. Tim’s biggest scores have been in the Athabasca Basin with uranium and potash properties. As a speculator in the junior resource sector, it is important to understand how a company you’re putting your money in acquired its projects and how it pays for their development, whether through cash, shares, an earn-in based on exploration, etc. It’s also important to understand what payments the company is required to make to the vendors moving forward. Tim has made the 2014 Casey NexTen list because he has made not just himself but investors who backed his projects hundreds of millions of dollars. Hathor Exploration, which got bought out by Rio Tinto in January to know that he always bounces back. Moving forward, we think this was a great lesson for Nolan and his team, as they have survived and learned from the critical mistakes. We’re calling it SND 2.0 because Nolan will do whatever it takes to make Sandstorm Metals & Energy work, and there’s no doubt in our minds that he will make it work. We are watching his moves very carefully and will notify you when it’s time to jump back in.last_img

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