The Northern Miner Podcast - episode 118: Love me or hate me - The Margaret Kent (Peggy Witte) story, part 2

Part 2: I took too much risk.

"That's the problem with this business: people drink their own Kool-Aid."Margaret Kent

Financial Times of Canada editorial cartoon of Peggy Witte from 1991.

We continue with Part 2 of our exclusive, in-depth interview with Stratabound Minerals chairman Margaret "Peggy" Kent, carried out by Northern Miner senior staff writer Trish Saywell on the sidelines of the PDAC convention in Toronto earlier this year. (For Part 1, click here.)

Peggy goes into detail on various aspects of the Royal Oak Mines gold mining empire at its peak in the early 1990s when she was CEO, including the controversial expropriation of the Windy Craggy copper deposit by the B.C. government to make a park, and the perils of a miner taking on too much debt.

Business partners Ross Burns and Peggy Witte (now Margaret Kent) at their Neptune booth at the PDAC convention in Toronto in the 1980s. Credit: Margaret Kent archives.

She also shares some fond remembrances of her lifelong business partner Ross Burns, who passed away two years ago, including their weird "opportunity" to invest in Bre-X Minerals before it was proved to be a fraud.

This podcast is sponsored by the Yukon Mining Alliance (www.yukonminingalliance.ca) and the Grosso Group (www.grossogroup.com).

Audio Editorial Assistant: Liam Zisman

Music Credits:

"Miami Nights - Main Theme" and "Andrea's Theme" by Kevin MacLeod (www.incompetech.com)

Licensed under Creative Commons: By Attribution 3.0 Licensecreativecommons.org/licenses/by/3.0/