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Companies Commented On

  • Atico Mining Corp.
  • Colorado Resources Ltd.
  • Falco Pacific Resource Group
  • Gold Reach Resources Ltd.
  • Imperial Metals Corp.
  • Klondex Mines Ltd.
  • Lake Shore Gold Corp.
  • Marathon Gold Corp
  • Marlin Gold Mining Ltd.
  • Mega Precious Metals Inc.
  • Rambler Metals & Mining Plc
  • Temex Resources Corp.
  • Timmins Gold Corp.
  • Trevali Mining Corp.

Derek Macpherson

M Partners

Image: Derek Macpherson

Derek Macpherson is a mining analyst at M Partners; before joining M Partners he worked in mining research for a bank-owned investment dealer. Prior to entering capital markets, MacPherson spent six years working as a metallurgist. Macpherson has a Bachelor of Engineering and Management in materials science and a finance-focused MBA.




Recent Interviews

Derek Macpherson: Is It a Love Affair or a Tryst? (3/12/14) Investors have again begun flirting with the junior mining sector. Will it lead to a love affair or is it just a tryst? Derek Macpherson, a mining analyst with M Partners, believes it is still too early to be taking on high-risk, high-leverage names. In this interview with The Gold Report, he advises investors to carefully choose low-risk companies, even in this early stage of a rising gold price environment, and names a handful that investors could fall in love with.

Three Essentials to Look for in Junior Mining Equities: Derek Macpherson (10/21/13) Underappreciated companies and companies with management teams that have disappointed in the past can be opportunities to buy, not sell, says Derek Macpherson of M Partners. Don't be dazzled by flashy drill results, he advises. In this interview with The Gold Report, Macpherson says that investors are better to look for junior explorers with long-term vision, high grades and simple operations in good jurisdictions, and names eight companies that make the grade.

Recent Quotes

"TV's Santander operating results were well ahead of our estimates." (4/14/14) Trevali Mining Corp. - Derek Macpherson, M Partners More†>

"TMM should see a second consecutive quarter of free cash flow." (4/9/14) Timmins Gold Corp. - Derek Macpherson, M Partners More†>

"TV has material growth on the horizon." (3/12/14) Trevali Mining Corp. - The Gold Report Interview with Derek Macpherson More†>

"Because ATY has very high grades, it doesn't need a lot of throughput to generate meaningful free cash flow." (3/12/14) Atico Mining Corp. - The Gold Report Interview with Derek Macpherson More†>

"We like KDX for its exceptionally high-grade resource, strong management team and excellent jurisdiction." (3/12/14) Klondex Mines Ltd. - The Gold Report Interview with Derek Macpherson More†>

"Free cash flow begins as TMM's San Francisco has reached a steady state." (3/7/14) Timmins Gold Corp. - Derek Macpherson, M Partners More†>

"Stratmat provides TV with long-term growth potential in the Bathurst mining camp." (2/26/14) Trevali Mining Corp. - Derek Macpherson, M Partners More†>

"TV is positioned as the next midtier base metal producer with significant leverage to a favorable zinc market." (1/7/14) Trevali Mining Corp. - Derek Macpherson, M Partners More†>

more comments

"TV is positioning itself as the next midtier base metal producer with significant leverage to a favorable macro-environment for zinc." (10/29/13) Trevali Mining Corp. - Derek Macpherson, M Partners More†>

"ATY is making the rapid transition from being a base metal developer to a producer; it should be generating positive operating cash flow by year-end." (10/22/13) Atico Mining Corp. - The Gold Report Interview with Derek Macpherson More†>

"CXO has been hitting good results that moved the stock up, even through this summer's tough market." (10/22/13) Colorado Resources Ltd. - The Gold Report Interview with Derek Macpherson More†>

"KDX has high grades, low costs, a clean balance sheet and the ability to self-fund development going forward." (10/22/13) Klondex Mines Ltd. - The Gold Report Interview with Derek Macpherson More†>

"We like TMM for its low all-in cash costs; the stock should move up once its resource report comes out." (10/22/13) Timmins Gold Corp. - The Gold Report Interview with Derek Macpherson More†>

"With so few vehicles to play in zincís positive macro environment, TV could trade at a premium to its peers. It should be generating cash very soon." (10/22/13) Trevali Mining Corp. - The Gold Report Interview with Derek Macpherson More†>

"Today's drill results underscore TV's Santander's potential to expand." (10/21/13) Trevali Mining Corp. - Derek Macpherson, M Partners More†>

"KDX's ability to raise a meaningful amount of money in a challenging equity market highlights the quality of the project." (10/17/13) Klondex Mines Ltd. - Derek Macpherson, M Partners More†>

"We are encouraged as KDX continues on track toward guidance." (9/12/13) Klondex Mines Ltd. - Derek Macpherson, M Partners More†>

"The recent selloff of TMM offers a very attractive entry point." (9/11/13) Timmins Gold Corp. - Derek Macpherson, M Partners More†>

"KDX is uniquely positioned to organically fund the next stage of growth." (7/18/13) Klondex Mines Ltd. - Derek Macpherson, M Partners More†>

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