Dear Valued Visitor,

We have noticed that you are using an ad blocker software.

Although advertisements on the web pages may degrade your experience, our business certainly depends on them and we can only keep providing you high-quality research based articles as long as we can display ads on our pages.

To view this article, you can disable your ad blocker and refresh this page or simply login.

We only allow registered users to use ad blockers. You can sign up for free by clicking here or you can login if you are already a member.

Livermore Partners Pitches Vista Oil & Gas and SolGold

Livermore Partners’ presentation at ValueWalk’s Contrarian Investors Virtual Conference, in which David Neuhauser discusses VISTA OIL & GAS and SolGold.

Dear Partners,

Richest Countries in the World by Natural Resources

Copyright: tomas1111 / 123RF Stock Photo

Last week I took part in the Contrarian Investors Virtual Conference. Where we presented two of our holdings: VISTA OIL & GAS/S (NYSE:VIST) and London-listed, SolGold plc (LON:SOLG). Both are unique small-cap opportunities which plays into our inflation theme of owning hard assets as currency debasement and deficits take center stage.

SolGold

Markets have dramatically rebounded since the March lows. Which is great to see except it’s just not reality. It seems liquidity is taking over and fear of missing out is pushing up the market, especially the most overvalued sector of high growth, money losing tech shares. This should serve as a warning not an “all clear” signal. Even though the world is reopening and COVID-19 cases falling, the facts are the world economy, as well as Governments and many corporations, have witnessed a massive shock to their capital structures. Which will remain impacted for years to come.

I fear the path forward will be challenging. Yet, investing is all about risk and reward and finding value. So we own mostly hard assets that should prosper even as inflation and/or stagflation takes hold. Additionally, we are working some new special sit opportunities which could serve very profitable. Will share details as we get further along in the process.

Until then, be well and enjoy the start of summer.

Disclosure: None

David

Contrarian Investors Virtual Conference: