Sector Expert: Justin Reid
Justin Reid, president of Sulliden Gold Corp., is a geologist and capital markets executive with over 20 years of experience focused exclusively in the mineral resource space. Reid started his career as a geologist with SGS and Cominco Ltd, after which he became a partner and senior mining analyst at Cormark Securities in Toronto. In 2009, Reid was named executive general manager at Paladin Energy, where he was responsible for leading all merger and acquisition, corporate and market related activities. He returned to Canada in early 2011 assuming the role of managing director global mining sales at National Bank Financial, where he directed the firm's sales and trading in the mining sector. Reid holds a Bachelor of Science from the University of Regina, a Master of Science from the University of Toronto and an MBA from the Kellogg School of Management at Northwestern University.
Sulliden Gold Corporation Ltd.'s Shahuindo gold project in Peru was validated as a low-cost, high-return project by a strategic investment of $24 million by Agnico-Eagle Mines Ltd. last April. Sulliden's president and director, Justin Reid, tells The Gold Report about the factors that have led to the company being one of the top performing mining stocks on the Toronto Stock Exchange this year. Sulliden has a balance sheet of $70 million, including a recently completed $40 million bought-deal financing, and Reid says the company is close to finalizing the funding package needed to complete the construction phase of the project in 2014 and begin the first full year of production in 2015.