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2009 PDAC Convention
Posted by David
Sorry for the hiatus, it is once again paper-writing time.
I would like to draw your attention to this year’s Prospectors and Developers Association of Canada (PDAC) International Convention, Trade Show, and Investors Exchange in Toronto this March 1-4. Detailed information on the event can be found HERE on their webpage. Needless to say this is probably the penultimate annual event in the resource industry. All kinds of companies from juniors to seniors to mining equipment suppliers have a presence. Attendance is expected to be well over 10,000. The admission fee to the whole show may be a little steep if you are not a student or senior citizen at $710 for non-members even if you do get a nice satchel to put all of your conference swag in. A solution to this is to attend only the Investors Exchange portion of the show to which admission is free. This is where the bulk of the publicly traded companies have their booths. Business attire is recommended though. This is a good opportunity for the individual investor to speak directly to company management to publicly harangue them for poor stock performance and the like. A second recommendation I would like to make is to pack a lunch as the food is typically very expensive and of poor quality.
Not to be missed are the hospitality suites usually held Monday and Tuesday nights, most of which are at the Royal York Hotel across the street from the Metro Toronto Convention Centre. This is often a good opportunity to get back some of your investment in the form of food and beverage (alcoholic and otherwise), although the spread will probably be more meagre than last year considering the financial environment.