Two factors can amplify – or numb – how much the market reacts to exploration success: how many shares the explorer has out and how tightly the shares are held.
Barrian is a brand new company. It completed its initial public offering and debuted on the Toronto Venture Exchange in April 2019. And Barrian’s founders structured the company for success.
Barrian’s founders are a group with deep roots in the exploration and brokerage industry. They reached out to friends and associates who understand exploration, who know that success rarely happens overnight and that flipping stock for small gains erodes an explorer’s ability to succeed, while holding stock as long as a team continues to deliver as promised is how investors can achieve big gains. As such, Barrian is proud of its shareholder registry and is confident that early investors will support the company.
Barrian will contract a geologic services group – Apex Geosciences, to be exact – to conduct fieldwork. This has two advantages. First, Apex has extensive experience in this part of Nevada, most recently running the groundwork for Gold Standard Ventures. Second, contracting means lower G&A costs, which means Barrian should be able to put more money in the ground.
Finally: Bolo is a great project but this experienced and highly connected team of mining entrepreneurs will also keep their eyes peeled for additional project opportunities. The odds of runaway success at any one project are never that high; odds improve with each additional project considered. This team is very familiar with those odds and so will be assessing additional projects all the time.
Barrian is composed of successful public market entrepreneurs whose goal is to create value for shareholders through the drill bit.
Meet Our Team
President of Baccarat Investments Inc., a private company providing consulting and management services to public companies along with investing. Currently the CEO, director and founder of Defense Metals Corp. (TSX-V: DEFN) and most recently Corporate Development for Advantage Lithium Corp (TSX-V:AAL) which grew from a shell through to a positive PEA with an M+I resource of 4.8M tons of LCE.
Kristopher J. Raffle, B.Sc., P.Geo. serves as the Qualified Person for the Company. Mr. Raffle is also a director of First Legacy Mining Corp. (TSXV: FLM), and a Partner and Principal Geologist with Edmonton-based geologic consulting firm APEX Geoscience Ltd. Mr. Raffle has over 18 years’ North American-focused base and precious metals exploration experience.
Ryan Cheung, CPA, CA, provides accounting, management, securities regulatory compliance services to private and public-listed companies. Mr. Cheung also serves as an officer and/or director of a number of public-listed companies. Mr. Cheung holds a Bachelor of Commerce degree from the University of Victoria and is a member of the Chartered Professional Accountants of British Columbia.
Brad Telfer is a former investment advisor at Woodstone Capital before it was acquired by Haywood Securities in 2015. Mr. Telfer has a financial and accounting background having worked for Bank of Montreal and gone to UBC for accounting. Mr. Telfer is the owner of a private real estate investment company.
Jordan Trimble, B.Sc., CFA, is currently the CEO of Skyharbour Resources (TSX.V: SYH), Rockridge Resources (TSX.V: ROCK), and a director of the CFA Society Vancouver. He has worked in the resource industry in various roles with numerous TSX Venture listed companies specializing in corporate finance and strategy, shareholder communications, marketing, deal structuring and capital raising. Previously he managed Corporate Development for Bayfield Ventures, a gold company with projects in Ontario which was acquired by New Gold in 2010 (TSX: NGD).
Toby Pierce, BSc., MBA, is a natural-resource executive with more than 19 years of extensive transactional and valuation experience in deal sizes ranging from several million to $1.3 billion in value. He is the current CEO of Tag Oil Ltd. (TSX: TAO). His body of experience, ranging from wellsite geology to Director of Oil and Gas Institutional Research to CEO and President, has given him a wealth of industry knowledge and deep understanding of oil and gas operations, capital markets, investment banking, mergers and acquisitions.