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Tuesday, 10 September 2013
CHF’s Mark Lackey recommends Cancana Resources: Sun News Network AM Agenda
Savvy investors will be settling in front of the television Tuesday to hear what Mark Lackey has to say about up and coming mining junior Cancana Resources (CVE:CNY) on Sun News Network’s hard-hitting morning show, AM Agenda, airing at 8:30am ET with host Pat Bolland.
Lackey, currently executive vice president of CHF Capital Markets and CHF Investor Relations, has more than three decades to his credit in energy, mining, central and corporate banking, as well as investment research and strategy.
Cancana boasts a flagship asset in Brazil, which has been turning up grades of the metal needed to make both steel and fertilizer that are unheard of elsewhere in the industry, so it is little wonder why the company caught the eye of Lackey, himself a veteran of mining.
The Canadian company is moving rapidly to production, with its main focus settling on the Valdirao project as it begins mining operations. One massive advantage that accrues to the project is its proximity to infrastructure -- Valdirao is within 20 kilometres of the Brazilian National Highway, which itself is accessible by municipally-maintained roads, for transportation of ore out of region.
Before joining CHF last year, he was investment strategist at Pope & Company Limited; one of many such posts at the likes of Brawley Cathers Limited, Blackmont Capital, and Hampton Securities. He was also a senior manager of commodities at the Bank of Montreal (TSE:BMO) and held the post of economist at the Bank of Canada.
He is a regular contributor to BNN television and has also been a contributing sector expert to Streetwise Reports' The Gold Report.
CHF certainly seems like a natural fit for Lackey, who brings a varied and lengthy background to the emerging and mid-cap public companies trading on North American exchanges that the firm serves.
The full-service, outsourced investor relations consulting company, which also acts as a corporate consultant to groups seeking to go public or dual-list in North America, boasts capital market experience dating back to the late 1970s and holds the distinction of being Canada’s longest established investor relations company.
CHF sees its primary role as introducing “client companies to key financial groups within the Canadian investment community, to brokers, financial analysts, investment bankers and merchant bankers who can make a significant positive impact,” according to a company statement.