Sector Experts

Heiko Ihle

H.C. Wainwright & Co.

Image: Heiko Ihle

Heiko Ihle is currently a managing director at H.C. Wainwright & Co. Prior to H.C. Wainwright, Ihle joined Euro Pacific Capital in November 2011 as a senior research analyst covering companies in the Mining and Engineering & Construction (E&C) industries. Before that, Ihle spent over six years with Gabelli & Company, more than five of which as a research analyst. While at Gabelli, he was awarded second place in the 2010 Financial Times/StarMine Top Analyst Awards for the Engineering & Construction space. A native of Germany, Ihle received his bachelor degree in finance and management from the University of Illinois at Chicago in 2004 and his MBA from the University of Miami in 2006. He has been a CFA Charterholder since 2010 and is currently a member of the CFA Institute and the Stamford CFA Society.




Recent Interviews

How to Avoid Pawnshop Lending: Heiko Ihle (1/15/14) Heiko Ihle, senior research analyst at Euro Pacific Capital, wants to warn investors and companies about the perils of "pawnshop lending"—predatory lending scenarios that many junior miners find themselves in as a result of the current commodity price climate, the overall financing climate, lack of interest from the buy side and incremental deals. In this interview with The Gold Report, Ihle outlines some alternative financing options and describes the three things he looks for in junior miners at the start of 2014.

Something's Got to Give in the Precious Metals Market: Heiko Ihle (7/10/13) These are scary times for precious metal investors. Resource equities are in the tank and, adding insult to injury, the gold price took a precipitous fall just days before summer, notoriously one of the slowest seasons for precious metals. Heiko Ihle, an analyst with Euro Pacific Capital in Connecticut, tells The Gold Report that something has to give. And soon. Ihle sets out a likely scenario and highlights some miners that are able to produce profitably at current metals prices.

How to Find Success with Latin American Miners: Heiko Ihle (12/14/12) Miners in Latin America are facing both growth and challenges. Heiko Ihle, senior research analyst with Euro Pacific Capital, examines the factors behind these trends. In this Gold Report interview, Ihle urges investors to evaluate mining companies based on three important features rather than on the performance of others in the region.

Recent Quotes

"AXR's AEG division brought in revenues of $4.6M and gross profit of $1.8M in Q3/14." (11/17/14) Alexco Resource Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

"Given its high-grade nature, MAG's Juanicipio is attractive even in today's lower silver price market." (11/17/14) MAG Silver Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

"AXU's agreement with Silver Wheaton was extended to Dec. 31, 2015." (11/4/14) Alexco Resource Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

"FCU's PLS is one of the world's most attractive undeveloped, high-grade uranium discoveries." (10/28/14) Fission Uranium Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

"Guanajuato and Topia should provide future organic growth for GPR." (10/22/14) Great Panther Silver Ltd. - Heiko Ihle, H.C. Wainwright & Co. More >

"We are initiating coverage on GPR with a Buy recommendation." (10/22/14) Great Panther Silver Ltd. - Heiko Ihle, H.C. Wainwright & Co. More >

"LODE has a large amount of tailings and infrastructure already in place." (10/3/14) Comstock Mining Inc. - Heiko Ihle, H.C. Wainwright & Co. More >

"The Far East area of FCU's PLS continues to show signs of promise." (9/26/14) Fission Uranium Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

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"POM's NorthMet sits in one of the world's largest undeveloped copper/nickel/precious metals deposits." (9/8/14) Polymet Mining Corp. - Heiko Ihle, H.C. Wainwright & Co. More >

"LODE's operational efficiencies seem to be taking hold at the site." (7/23/14) Comstock Mining Inc. - Heiko Ihle, H.C. Wainwright & Co. More >

"We are initiating coverage on LODE with a Buy rating." (6/9/14) Comstock Mining Inc. - Heiko Ihle, H.C. Wainwright & Co. More >

"Our 85 Mlb estimate for FCU's PLS is becoming more conservative." (3/10/14) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FVI's management continues to deliver on keeping overall cash costs low." (2/19/14) Fortuna Silver Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"Our conservative estimate for FCU's PLS project is 85 Mlb uranium." (2/6/14) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FCU's terrific management team will ensure PLS is yet another success story." (1/22/14) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FCU's management team continues to exceed expectations at Patterson Lake South." (1/15/14) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FVI's Mexico project is a cash cow." (1/15/14) Fortuna Silver Mines Inc. - The Gold Report Interview with Heiko Ihle More >

"GPR's management team knows what it's doing." (1/15/14) Great Panther Silver Ltd. - The Gold Report Interview with Heiko Ihle More >

"PGLC is more or less ready to flip the switch on its mill." (1/15/14) Pershing Gold Corp. - The Gold Report Interview with Heiko Ihle More >

"We believe that FCU's PLS will eventually get built into an operating mine." (11/14/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"Given FCU's recent strong assay results, our 80 Mlb estimate for PLS appears increasingly conservative." (11/14/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FVI's continued delivery and San Jose expansion provide upside potential." (10/16/13) Fortuna Silver Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"Brades' acquired interest would give FCU upside potential without capital expenditure." (10/16/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"GPR produced a record 789,250 oz Ag eq during Q3/13." (10/11/13) Great Panther Silver Ltd. - Heiko Ihle, Euro Pacific Canada More >

"FCU's new hole hit a record high of 144m in total mineralization, including substantial off-scale mineralization." (10/9/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"FCU's exploration team continues to exceed expectations at PLS." (9/27/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"The strong success at PLS makes FCU a compelling investment." (9/24/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"Our 80 Mlb uranium estimate at FCU's PLS still looks conservative." (9/16/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"High potential returns from finding a 'second PLS' remains a possibility for FCU." (8/29/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"GPR's strong balance sheet should aid it in challenging metal price environments." (8/8/13) Great Panther Silver Ltd. - Heiko Ihle, Euro Pacific Canada More >

"We initiate coverage of FCU; PLS has strong exploration potential." (8/5/13) Fission Uranium Corp. - Heiko Ihle, Euro Pacific Canada More >

"SVL reported strong Q2/13 production figures; we continue to recommend the company." (7/17/13) SilverCrest Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"In Q2/13, GPR increased gold production by 31% at Guanajuato." (7/11/13) Great Panther Silver Ltd. - Heiko Ihle, Euro Pacific Canada More >

"SVL's Santa Elena mine has substantial growth potential." (5/21/13) SilverCrest Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"We maintain our Buy recommendation for FVI." (5/9/13) Fortuna Silver Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"GPR's strong balance sheet should allow it to participate in meaningful acquisitions." (4/16/13) Great Panther Silver Ltd. - Heiko Ihle, Euro Pacific Canada More >

"EDR's turnaround efforts at El Cubo are starting to bear fruit." (4/8/13) Endeavour Silver Corp. - Heiko Ihle, Euro Pacific Canada More >

"We maintain our Buy rating recommendation on ARZ shares." (3/4/13) Aurizon Mines Ltd. - Heiko Ihle, Euro Pacific Canada More >

"ARZ's recent bid from Alamos Gold could lead to additional suitors and invite additional bidders to auction." (1/23/13) Aurizon Mines Ltd. - Heiko Ihle, Euro Pacific Canada More >

"We maintain a Buy recommendation on GPR shares." (1/16/13) Great Panther Silver Ltd. - Heiko Ihle, Euro Pacific Canada More >

"We like FVI's management and its potential for favorable M&A activity." (1/14/13) Fortuna Silver Mines Inc. - Heiko Ihle, Euro Pacific Canada More >

"GPR's revenues should grow nicely next year." (12/14/12) Great Panther Silver Ltd. - The Gold Report Interview with Heiko Ihle More >

"EDR essentially doubled grades within six weeks at El Cubano." (12/14/12) Endeavour Silver Corp. - The Gold Report Interview with Heiko Ihle More >

"I feel good about CSI's Serra Pelada mine." (12/14/12) Colossus Minerals Inc. - The Gold Report Interview with Heiko Ihle More >

"FVI should have a good 2013." (12/14/12) Fortuna Silver Mines Inc. - The Gold Report Interview with Heiko Ihle More >

"ARZ's shaft deepening is an investment in long-term growth." (12/14/12) Aurizon Mines Ltd. - The Gold Report Interview with Heiko Ihle More >

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