More than any specific tactic or “investing hack,” building wealth is a function of your frame of mind: how you envision your investments and take them from potential to fruition. At its core, the billionaire mindset is all about seeking and finding opportunities where others just can’t see them.
The rare individual with this ability is always worth following because they can turn good companies into legendary and immensely profitable ones. Paul Matysek is a perfect example of this because he has an undisputed track record of providing tremendous value to hidden gems in the mining space.
Previously a professional geologist with over 40 years of exploration and development experience, Mr. Matysek has helped build some of the top names in the resource sector. Since 2004 as CEO and/or Chairman, Paul Matysek has contributed to the exploration, development, and successful sale of publicly listed companies with a combined value of over $2 billion.
A bona fide legend in the mining space, Paul Matysek truly has the “golden touch.” Recently, Mr. Matysek served as the Executive Chairman of Lithium X Energy Corp., a company that was sold to Nextview New Energy Lion Hong Kong Limited for $265 million. It seems like everything Paul gets involved with ends up making massive amounts of money for investors – and his latest project is targeting the gold space.
Courtesy: Paul Matysek
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Prior to that, Paul Matysek served as the CEO of Potash One, which was acquired by K+S Ag for $434 million in cash in a friendly takeover in 2011. Mr. Matysek was also the co-founder and CEO of Energy Metals Corp., a uranium company that grew from a micro capitalization to approximately $1.8 billion when it was sold in 2007.
So, what’s next for Paul Matysek? We’ve done the research and discovered that his next project is Gold X Mining (TSX-V: GLDX, OTC: SSPXD).
As a valuable addition to Gold X, Mr. Matysek certainly chose an ideal company to join forces with. The company’s Toroparu Project, with its 10.5 million ounces of gold and significant copper and silver deposits, represents a world-class opportunity for leveraging gold-price momentum into shareholder value.
Already at advanced development-stage status, Toroparu’s financing from Wheaton Precious Metals and Sandspring’s long-term relationship with the Guyanese government and local population provide investors with substantial opportunity for value creation in the current bullish gold environment.
I’ll put it to you this way: if Mr. Matysek sees the potential in the Toroparu Project, there’s got to be something there for investors. And if Paul Matysek is willing to stake his long-standing reputation on Gold X Mining, that speaks volumes for the company and for GLDX stock.
Research Partner, PortfolioWealthGlobal.com
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No matter how good an investment sounds, and no matter who is selling it, make sure you’re dealing with a registered investment professional. Use the free, simple search at investor.gov
This work is based on SEC filings, current events, interviews, corporate press releases and what we’ve learned as financial journalists. It may contain errors and you shouldn’t make any investment decision based solely on what you read here. It’s your money and your responsibility. The information herein is not intended to be personal legal or investment advice and may not be appropriate or applicable for all readers. If personal advice is needed, the services of a qualified legal, investment or tax professional should be sought.
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