don't get fooled again - hype cycles in resource stocks

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Don't Get Fooled Again! Hype Cycles in Resource Stocks Jim Letourneau, P.Geol. Big Picture Guy www.JimLetourneau.com Vancouver Resource Investment Conference January 23, 2012

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Applying Gartner Research Hype Cylces to investing in junior mining companies.

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Page 1: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Don't Get Fooled Again!Hype Cycles in Resource Stocks

Jim Letourneau, P.Geol.Big Picture Guywww.JimLetourneau.com

Vancouver Resource Investment ConferenceJanuary 23, 2012

Page 2: Don't Get Fooled Again - Hype Cycles in Resource Stocks

RISK vs Project Value

Page 3: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Mining Model

Page 4: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Mining Model

www.safehaven.comBoris Sobolev

Page 5: Don't Get Fooled Again - Hype Cycles in Resource Stocks

RISK vs Project Value

Page 6: Don't Get Fooled Again - Hype Cycles in Resource Stocks

History of Hype Curves

Developed by Gartner Research in 1995 and refined continuosly since.

Page 7: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.

Page 8: Don't Get Fooled Again - Hype Cycles in Resource Stocks
Page 9: Don't Get Fooled Again - Hype Cycles in Resource Stocks

5 Key Points

●Technology Trigger●Peak of Inflated Expectations●Trough of Disillusionment●Slope of Enlightenment●Plateau of Productivity

Page 10: Don't Get Fooled Again - Hype Cycles in Resource Stocks
Page 11: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Uranium Spot Price

Page 12: Don't Get Fooled Again - Hype Cycles in Resource Stocks

WEE.V

Page 13: Don't Get Fooled Again - Hype Cycles in Resource Stocks

RVX.TO

Page 14: Don't Get Fooled Again - Hype Cycles in Resource Stocks

UEX.TO

Page 15: Don't Get Fooled Again - Hype Cycles in Resource Stocks

UEX

Page 16: Don't Get Fooled Again - Hype Cycles in Resource Stocks

PXP.V

Page 17: Don't Get Fooled Again - Hype Cycles in Resource Stocks

2 Parts

Page 18: Don't Get Fooled Again - Hype Cycles in Resource Stocks

Remember!

Pigs feeding at the trough of disillusionment will not be slaughtered

Page 19: Don't Get Fooled Again - Hype Cycles in Resource Stocks

www.JimLetourneau.com

Jim Letourneau, P.Geol.Big Picture Guy