Revenge of the Miners: Green Energy Meets Natural Resources — Live with Warren Irwin

Published on
February 4th, 2021
Duration
68 minutes

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Revenge of the Miners: Green Energy Meets Natural Resources — Live with Warren Irwin

Live ·
Featuring Warren Irwin and Max Wiethe

Published on: February 4th, 2021 • Duration: 68 minutes

Warren Irwin, president and CIO of Rosseau Asset Management and one of the most successful natural resources investors of the past few decades, joins Real Vision’s Max Wiethe to discuss why he is investing in uranium, copper, nickel, and metallurgical coal producers as his bet on the green energy trend. Irwin argues that nuclear power will be a necessity to hit emissions targets and the idea that renewables like wind and solar could be relied upon to power humanity is ludicrous as that would require an inconceivable number of batteries. Although he is still bullish on batteries and the electrification trend, he argues that current favorites like lithium and cobalt are respectively too abundant and likely to be phased out of future iterations of battery technology, and he prefers copper, nickel, and metallurgical coal to play this trend. Irwin also highlights some individual companies he is looking at and touches on why he is currently underweight gold and generally against investing in silver.

Comments

Transcript

  • FP
    Fram P.
    21 February 2021 @ 10:49
    Max your killing it well done Warren down to earth great guy lots of great info
  • JK
    Jonathan K.
    14 February 2021 @ 12:47
    He mentioned TECK. Been following TECK and trading since April of 2020. Bought calls starting when Teck was 9ish. Currently up over 600% so happy with this trend so far. I think its going to 27-30 bucks easily which will bring me to up 1500%. Copper prices are incredible now and appear to headed higher. Copper has a good chance of breaking to new ATH if so could go much higher. MetCoal is good especially given Teck isn't Australian and can sell to China. China met coal prices are currently in the 210/tonne range and are up for non Australian suppliers by over 50% since October/2020. Zinc prices also good. Their oil sand project is a money loser, so Mr Irwin is probably right that it will be spun off. If the CEO is worth a dang, he would be mining every block of coal he can and selling it all to China at the crazy high prices. If he is doing this, they should crush earnings.
  • JS
    John S.
    7 February 2021 @ 11:03
    The uranium bull market will rip your face off when it finally gets going
    • bt
      brian t.
      8 February 2021 @ 05:36
      Funny how they talk about nexgen when at all time high!
    • DM
      Dean M.
      8 February 2021 @ 19:35
      Some tickers for the RV group in Uranium - must owns are NXE, GLO, Paladin, Boss
  • JJ
    John J.
    7 February 2021 @ 16:27
    Max, what is the symbol for Sawgold?
    • MW
      Max W. | Real Vision
      7 February 2021 @ 17:24
      SolGold. It trades in London and Toronto under $SOLG. It looks like it trades OTC in the US under $SLGGF.
    • SM
      Steven M.
      7 February 2021 @ 21:20
      Solgold SOLG
    • DM
      Dean M.
      8 February 2021 @ 19:34
      I think Warren's ownership is actually through CGP - Cornerstone capital resources (which owns a portion of the SolGold asset)
  • SK
    Sunil K.
    8 February 2021 @ 14:30
    Great insights from Warren. Thanks Max for getting him on RV. Found it extremely useful.
  • KZ
    K Z.
    7 February 2021 @ 00:46
    I wish I had the chance to ask about the rare earth company that is getting a lot of buzz in California MP Materials, since rare earths came up! Wish Max would have asked for me :)
    • bt
      brian t.
      8 February 2021 @ 05:32
      They are very small compared to the rest of the market. ONLY buy on a low. This is a global market.
  • BM
    Brook M.
    8 February 2021 @ 04:41
    I really enjoy listening to Warren. He seems like a real solid, down-to-earth guy and he doesn’t waffle. You can tell that he knows the mining industry inside and out. Great job by Max on the questions.
  • TM
    The-First-James M.
    8 February 2021 @ 02:00
    How soon could we get the interview transcript, please? This would be extremely helpful to have.
  • OW
    Oliver W.
    7 February 2021 @ 18:41
    That Interview is one of the Most useful for me. Thx for beeing so Open and honest.
  • NL
    Nikola L.
    7 February 2021 @ 01:01
    Max, lol - your best question ever. You made Warren and probably rest of us laugh.. well done. lol Was good question.
    • MW
      Max W. | Real Vision
      7 February 2021 @ 14:48
      Which one?
  • JS
    John S.
    7 February 2021 @ 11:03
    The uranium bull market will rip your face off when it finally gets going
  • MO
    Master O.
    7 February 2021 @ 06:35
    Easiest way to play copper, nickel, metallurgical coal is BHP Billiton
    • RW
      Robert W.
      7 February 2021 @ 09:47
      BHP has the worst Nickel business in the planet. They have tried unsuccessfully to sell it multiple times in the last decade at one stage trying to pay glencore to take it off their hands
  • AD
    Andrew D.
    6 February 2021 @ 01:12
    nilsky is Norilsk in Russia, excuse the spelling
    • AD
      Avinash D.
      6 February 2021 @ 23:32
      If that name is not known....🤨