Part 3/8:
The speaker argued that Vancouver's unique positioning in the junior market—where many micro-cap companies are based—gives local investors a distinct edge. Despite the saturation of subpar companies (with the assertion that roughly 2,700 out of 3,000 public junior companies are nearly worthless), about 10-15% of these issuers provide substantial potential. The key for investors is to separate the valuable entities from the dross and leverage the competitive advantage of being situated in the thick of the action.