[Sudbury] City still boasts ‘best ore body in the world’ [Ned Goodman] – by Laura Stricker (Sudbury Star – November 11, 2011)

The Sudbury Star is the City of Greater Sudbury’s daily newspaper.

One thing in his notes was about a speech Republic of Mining publisher Stan
Sudol made in Sudbury this week as part of the 2011 Ontario Exploration &
Geoscience Symposium. “It is estimated that, over the next 25 years, we will
need to dig out of the ground as many minerals as consumed since the
beginning of man,” Sudol said.

Ned Goodman is seen by many as a rock star in the investing world. And on Thursday, he brought his nearly 50 years of investment know-how to Laurentian University.

He was at the university to speak as part of the Xstrata Nickel Memorial Lecture Series. Goodman is the president and CEO of Dundee Corporation, CEO of Ned Goodman Investment Counsel Inc. and chairman of Dundee Capital Markets Ltd. and Du ndeeWealth Inc. He is the chancellor of Brock University and an adjunct professor at Concordia University.

Goodman is also a geologist, and used to work at Noranda. “(I worked for Noranda) at a time when the world went into a distinct recessionary period for the resource industry. So I went back to school, and I got a Master of Business Administration. I became an investment counsellor and I concentrated on the resource side, because of my geological background.

“I’m one of the few people that has matched the two pieces together. I found that I was happier knowing where the money was coming from that was being spent to find mines and oil and gas reserves.”

When The Star spoke to Goodman in Laurentian’s R.D. Parker Building, he was still working out exactly what he would be saying at the 7:30 p.m. lecture.

“I’m going to be talking about the … macro economic scene in the world and what it means for the stock market and people who have to invest their money. It’s a big long story, I’m trying to cut it shorter.

“I prepare for my speeches in a different way than most. I take notes every day on things that I see and feel and hear and read about, and then I put them in a big pile and try to pull it together by getting all these pieces that I’ve written down — sometimes many in a day, sometimes few in a day.”

One thing in his notes was about a speech Republic of Mining publisher Stan Sudol made in Sudbury this week as part of the 2011 Ontario Exploration & Geoscience Symposium.

“It is estimated that, over the next 25 years, we will need to dig out of the ground as many minerals as consumed since the beginning of man,” Sudol said.

For the rest of this article, please go to the Sudbury Star website: http://www.thesudburystar.com/ArticleDisplay.aspx?e=3366350

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