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David is the “rocks side” of
HRA, and has been active in
mining exploration for over 30
years in roles spanning
prospecting through feasibility
studies, and now markets
commentary.
David Coffin founded, with his
brother Eric, the HRA newsletter
service that deals with the
mining and metals sectors in
1995. David, the “rocks side” of
HRA, has been active in mining
exploration for over 30 years in
roles spanning prospecting
through feasibility studies, and
now markets commentary.
David logs literally hundreds of
thousands of miles every year,
visiting exploration and
development sites on six
continents in order to bring
back the real goods for HRA
subscribers. They benefit not
just from Dave’s seal of
approval, but his outline of
what he is seeing and where that
might lead so that subscribers
can fine-tune their own sector
gauges. And a lot of serious
market players take notice.
David is a regular speaker at
Cambridge House, the PDAC, the
New Orleans Gold Show as well as
other resource and commodity
investment forums in North
America and Europe, and has been
interviewed numerous times on
radio and TV and in third party
news articles for his opinions
on the sector and markets. HRA
was one of the first, back in
2001, to call the current cycle
as the secular trend others have
only recently recognized.
Since then fifteen HRA “picks”
have been taken over in the
ensuing boom market, half a
dozen have successfully
completed the shift from
exploration to production and an
equal number are closing on the
that threshold. But HRA is not a
cheerleader - numerous others
have garnered gains for
subscribers on profits taking
calls, and despite a continued
believe in the long term growth
of the mining sector it has made
several calls for general
profits taking ahead of market
corrections. HRA is opinion
about developments and
developers in the mining sector,
on a considered, factual, and
timely basis. |
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Responsible for
the “financial analysis” side of HRA, Eric has a degree in Corporate and
Investment Finance. He has extensive experience in merger and acquisitions and
small company financing and promotion. For many years he tracked the financial
performance and funding of all exchange listed Canadian mining companies and has
helped with the formation of several successful exploration ventures.
Eric has been
interviewed on CBC Television’s Business News and national and local radio in
Canada and the US for his opinions on resource trends and is a frequent
contributor to several third party publications and a number of resource, gold,
metals and market related Internet sites.
He regularly
speaks at a number of North American gold and resource conferences. He was one
of the first analysts (along with David) to point out the disastrous effects of
gold hedging and gold loan capital financing (1997) and to predict the start of
the current secular bull market in commodities based on the movement of the US
Dollar (2001) and the acceleration of growth in Asia and India.
Eric reviews data from hundreds of companies
seeking strong management and finance teams in undiscovered companies for HRA's
readers. Combined with good share structures and projects that David like,
these companies have the potential to make the HRA list and generate gains for
their readers.
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