The Gold Report: What approach has Praetorian Resources Ltd. (PRAE:LSE) taken toward resource equities at this point?
Charlie Brooks: Praetorian Resources is focusing its attention on scalable and quality assets run by experienced management teams and wherever possible is trying to reduce its exposure to high levels of financing risk.
TGR: Can you explain what Praetorian is?
CB: Praetorian Resources operates exactly like a fund but is actually structured as an investment holding company. We hold 15 investments at the moment, a variety of junior resource companies. Polar Star Mining Corp. (PSR:TSX.V) and Maya Gold Silver Inc. (MYA:TSX.V) are significant investments for us. We also like A-Cap Resources Ltd. (ACB:ASX), which is a Botswana coal and uranium company.
TGR: Why does Praetorian have two tickers on the website? Continue reading "Three Points a Jurisdiction Must Meet Before You Invest: Charlie Brookes"
