Canada has a very diverse and thriving economy that is not solely dependent on the resource extraction industries. Granted we do have some of the best mining companies and mining professionals in the world. In Canada there is however an amazing amount of emphasis on the financing of resource exploration projects. The TSX Venture exchange finances more junior mineral exploration than any other exchange in the world. Most small brokerage firms in Canada have at least one full time mining analyst on staff and a good portion of financing revenues generated at these firms will come from IPO’s and secondary financings of mining and oil & gas exploration. Many larger firms will have several analysts covering different segments of the mining industry. The investment newsletter industry in Canada is dominated by dozens of mining investment experts. Investment journals and websites that cater to the mining sector outnumber all other sectors by a very wide margin. There are literally hundreds of small organizations that do investor relations consulting for mining companies. Add it all together and the promotion and financing of the mining sector is an industry onto itself and grabs an amazing amount of investor attention especially in the microcap space. Herein lays the opportunity for a microcap investor, one who is willing to look at the ignored sectors and companies that are building and growing their businesses far away from all the noise generated by the mining finance “industry”.

Source: Investing in non resource Canadian micro-caps

h/t Carson