The GCFF Vancouver Conference 2018 was successfully held on Saturday 20th, 2018 at the Executive Airport Plaza Hotel in Richmond. Featuring 11 presenting mining companies, 4 keynote speakers and over 300 local Chinese retail and high net worth investors, the Vancouver Conference successfully introduced investors to the opportunities presented by the resource sector.
Fueled by strong global and Chinese demand for electric vehicles and the growing number of Chinese infrastructure projects, we will see significant movement for the prices of metals like copper, zinc, lithium, and cobalt. Coupled with supply constraints, 2018 will be an exciting year for exploration and development companies in this sector.
There was significant interest for our keynote speakers, particularly Yasmin Gordon, Senior Investment Advisor/Financier from Canaccord Genuity Wealth Management and Chris Hasek Wyatt, Vice President from Connor, Clark & Lunn Private Capital Ltd., who spoke about the need for diversification away from real estate as well as the options and investment strategies that are available to wealthy Chinese investors. A growing number of Chinese investors are seeing the benefits of participating in the North American stock markets as part of their wealth management strategy.
Newly immigrated wealthy Chinese investors are beginning to move away from real estate heavy portfolios and are looking at investment opportunities in resource equities. With an intrinsic understanding about the material demands from China, Chinese investors are actively seeking out more information about investing in mining companies.
A rapidly growing middle class in China means a rapidly growing number of extravagant weddings in China. This fact was not lost on our attendees on Saturday as Lucara Diamond Corp. (TSX:LUC) received a lot of attention for the replicas of their 1,109-carat (!) diamond.
As global politics becomes more unstable and crytocurrencies continue to be volatile, gold equities are looking to catch up in 2018.
