 Hi, how's everybody doing today? I am your host Rich here and we have a Rich TV Live with our very special guest. It is Rana Vig, the CEO of Blue Lagoon Resources. How are you doing today, Rana? I'm doing great. Thank you very much for having me on your show. Thank you for being here. Very excited to have you. And I'm excited about learning more about your company directly from you. And why don't you tell us a little bit about Blue Lagoon Resources and how you got involved? Sure. Blue Lagoon Resources is a relatively new company. I took it to the market just a little over a year ago, July 2019, is when we started. Really my background is predominantly private enterprise, you know, for the last 30 years or 30 years plus I was involved in private business in five different startups. And I got involved in the capital markets about 10 years ago in mining and frankly got my rear end kicked pretty good because, you know, I started in 2010, 2011, put over a million bucks into the mining sector. And it really went down. Yeah. It was worth about 10 grand after six months. Oh, no. What did I get myself into? But you know what? You know, I'm a big boy and the sector collapse and, you know, you lick your wounds and you get up and I took over a couple of the exploration mining companies and started learning the ropes because, you know, the fundamentals of business don't change, right? Whether you're, you know, in running a restaurant or, you know, the fundamentals don't change from business to business. So I just learned the ropes and hung in there. And the nice thing about this business is as fast as, you know, you can also make it back pretty quick. Yes. And in 2018, you know, the cannabis sector got super hot. And I laser beam focused on that sector. And in 2018, I took, I was very privileged to take the Cureleaf public, which was, I don't know if you follow the sector, Cureleaf was the largest Canadian cannabis raise in history, $520 million raise and a $6 billion RTO. So I was very proud to have done that. And then a couple of months later, I was able to do it again. I found a company called Harvest Health and Recreation out of Arizona. That was the third largest 2018 with a $300 million raise and a $2 billion RTO. So I had a couple of these very, you know, big wins. And mining, I said to myself, has to come back at some point. And much to the surprise of my colleagues, two years ago, I decided, you know what, gold is the place to be next. And I launched the Blue Lagoon Resources, applied all the knowledge that I learned in the last 10 years in this business and launched this gold focused company. And I expect it to be in my next big win. I think you're 100% correct. It's funny because I had a very similar experience because I was buying gold stocks when they were doing actually pretty well around 2015, 2016. And then they had a big collapse when cannabis did well. And I saw my portfolio disappear in gold, like literally disappear. And then I pivoted to cannabis like you. And then cannabis collapsed. And then when I looked back at all my gold stocks, I was holding, they all exploded. Yes. They all exploded over the last two years. And some of that were like literally $0.10 were at $5. And I couldn't believe it. And then cannabis has now come down. So it's interesting watching the ebbs and flows of the market and the highs and lows. But it's exciting to see that you've been able to get through it on the other side with a lot of success. And now in saying that, what would you say are the main focuses of Blue Lagoon Resources? Well, the exciting things that we got going on in the company, it's a bit unique, right? Because what we have here is we have a fully permitted mine, a gold mine in northern British Columbia, so a safe jurisdiction. And it's got the environmental permits in it. It's got the mining permits already in place. I just need three amendments. Unfortunately, for my predecessors, they ran out of time. They spent $28 million over the last dozen years, all in permitting and mine development. But now they're 83 years old and not in the best of health. So they needed to exit. And a long entrepreneur like myself came along. So what we have going on here are two exciting things. Number one is we have a fully permitted mine that is literally at the one yard line. All right, I have a $1.5 million budget. That's it. That's the cat-backs required now to take the finish line and roughly six months work, which we've already started. So we expect to be in some sort of production decision by this coming summer. And then we have on this 12,000-hectare property, only 10% of the property was ever explored. And we have 15 high-grade veins that are already identified. So we don't have people around searching for them. We already have historical data. We already know where they exist. And they're all high-grade. So we have these two sites to the company, a potential for near-term cash flow, as well as explosive growth, blue sky, with starting to drill on these known veins, plus the 90% of the property that has been yet to be explored. That's impressive. Now, I was looking at some of your news. And Blue Lagoon Resources Inc. recently announced it hits 25.92 grams a ton gold, 169.46 grams a ton silver over 4.52 meters. Can you please go through this news with us and what this means for the company? Because it seems like it's huge news. Yeah, look, mining companies, exploration companies, I mean, how they build value is by obviously proving that there's more in the ground than we currently know. And the beauty of what we have here is it's a high-grade property. So this news that we just released, as you mentioned, those are sub-tacular numbers. I mean, we're talking about almost three-quarters of an ounce per ton at a really good width. And that's not the only thing. If you look at our past news releases, you'll see the same thing. All the drilling that we're doing so far, the results that have come back, majority of them have been 20 grams plus, 18, 20, 30, 35, 40 grams plus. So it just reconfirms, we already believe, that this is a high-grade property and extremely valuable. So the more drilling we do, the more we're able to confirm what we already know historically. That's fantastic. Now, who would you say are Blue Lagoon resources main competitors if you have any and what sets you apart from them? Well, of course, there's many mining exploration companies out there, but I think that what really sets us apart is the nature of the project that we have. It takes like 20 years plus to get to a mining permit stage. But we're already there. We already have a mining permit. Millions of dollars have been already spent on this property. So I don't think there's many companies that have that kind of near-term opportunity and on top of that, have a massive land package that has 15 very high-grade mains known already, plus the opportunity to explore more. We recently flew the whole property that had never been done before. And I mean, the whole property just lit up with five brand new targets. So I think there's a great differentiator. And then of course, our team, I think that also makes a big difference to be able to execute on what the plan is. It's very important. I'm very old school that way. It's very important to mine the farm. So I'm very, very frugal with the way we spend our money. Okay, I'm cheap. Okay, I watch all the pennies. So we're cashed up. We just did a seven and a half million dollar raise. So we're cashed up and we have no debt. Oh, you just made my day. I love to hear that. No debt, money in the bank, absolutely love that. Now, one of the things that's really important to us is share structure. Our community loves a tight share structure. Can you go through your share structure and how many shares are held by insiders and institutions? Yeah, so I was very careful when I put this company together. As I mentioned, all the lessons that I learned in those 10 years, one of the fundamental lessons was you got to have a very good and tight share structure and you better have loyal people who believe in you. So when I put this together, that's why those two big wins in the cannabis sector were important to me because I brought a lot of those people over to this company and they believe in me. They believe in my vision and majority of them haven't sold a single share because they've truly believed that I have a big vision and a long ways to go. So we have 69 million shares out currently. A big portion of that was done by myself and my family and a handful of very close friends. In fact, outside of this last financing that we did, the previous financing over $2 million was predominantly just very, very friendly folks, friends and family. And now we've done this latest financing to get us cashed up. So we're in good shape. Will some of that liquidity come? For sure it will. But my background, my previous business before I got involved in the capital markets was marketing and advertising. So I'm probably one of the few CEOs in this business who understands that really there's two businesses here. There's the mining and exploration, the actual business, and then there's the business of the markets. So I'm very, very conscious of those things and I'm not afraid to spend the money to create the audience because you know what, build it and they will come. It does not necessarily work here for these microcaps. You have to get your story out. And if you look at our stock, you'll see there is a very little pressure on it generally. It's trading extremely well in the 90s and it's because we continue to increase our audience and by doing interviews like this and using a lot of social media, we continue to broaden our base, which is how you make sure that the share structure stays intact and you attract good, loyal, long-term shareholders and not just people who are trading the stock in and out. I agree with you 100%. Now share structure and keeping it tight is the key to having a successful stock and marketing the securities legally and properly is the key to getting new investors into the stock. So I love hearing that. You understand that. I get very frustrated when I speak to companies that think that the stock will just take care of itself. No. That doesn't exist because you're talking about a market that has 15,000 companies. If a tree falls in the forest, does anybody hear? No, because there's so many other trees. So you got to stick out when there's companies like Amazon and Apple and Tesla, how are you going to get those millennials to invest in you? You got to be out there and you got to get your voice heard and you got to get noticed. Then I'm glad that you recognize that and because of that, you can see the stock has done well because you're putting in the work. It's critical. Even when we took over this company, this metal mountain that had this project, I inherited over 1200 shareholders and every Saturday I did a Zoom call with every single Saturday for many, many weeks. So we have 50, 60, 70 people on these calls and to educate them, to show them my vision. There's a lot of work. But you know what, it's worth it because not only did they come into the stock, not only did they come into the financing, you're building a stronger shareholder base. I'm a very engaged CEO. I always answer all my calls from my shareholders, emails. It might take me a day or two because of the volume, but big or small, I engage with them because I think every shareholder is important and they become a point of advertising for you because they feel proud of the stock they're holding and they go tell 10 other people about it. So I think those are very, very important aspects to the job. Right? You have to be able to be able to deliver on trading in large market base, which helps the company. I agree with you 100%. Now, your company, Blue Lagoon Resources, has quite an impressive roster of experts in the mining sector. Who are your key members and what do they bring to the table? Well, as I mentioned earlier, my method of operating always is to be the dumbest guy in the room. I learned a long time ago, I'm not that smart. So in any industry that I get involved with, I make sure I surround myself with the best, the biggest, the best, the brightest. And I've done that here. Our first key member is Bill Cronk, our chief geologist. Bill is a former chief geologist for Dundee. He was there for many, many years. He was the chief geologist for a gentleman by the name of John Wabbins, who is one of the best geologists and mining CEOs, rare to have that combination in the country. John sold Northern Empire. He's had like three exits. He sold Northern Empire to Coors Mining, which is a New York Stock Exchange listed company. I got Bill in between jobs. So I tied him up. So I'm very, very fortunate to have him. I have on our advisory board. I have Janis DeTito's, who's a 19-year veteran of BHP. So brings a wealth of knowledge and contact base. In fact, the airborne survey that we just flew, I used his contact base to bring in a gentleman who is one of the top in the world. He was the former head of the airborne division of BHP. So he's analyzing all our data. So we are very solid on our technical side. Currently, we have miners working in the tunnel right now, doing some of the work that we need in order to get back into the production scenario. And these guys are like third-generation miners. They're local people. They know the facility and they're experts in what they do, which is narrow vein mining. So worse, I'm surrounded by the brightest and the best to help me execute on this plan. Rana, if there was one thing that you would want shareholders to know about blue lagoon resources or investors that are thinking about investing, what would it be? Well, I think what I would like to highlight is the fact of some of the things that we just talked about, that of the thousands of companies when you're investing. And look, we're not the only ones. There are some great companies out there obviously. But for someone like our company, what you want to take a look at is the property of merit. And that's easy to show. Take a look at the news releases. Everything that we're saying is right in front there. Look, we're about to head into a gold super cycle. Okay. With all this chaos happening around the world, unprecedented money printing around the world, riots, demonstrations, this is what gold loves. So when you have a company like ours that has known high-grade veins, that has a permit already in place, that just is literally at the one-yard line, and then that has a management team has been there, done that. Those are key factors that I think that differentiate us when you're making a decision to invest or not invest. I believe we're right up there in the very top of the list, or at least should be, for most investors. Very good. And we're going to have investors from all over the world watching this video. What is the best way for shareholders, joint venture partners, institutional investors to get in contact with you or the company? I'm very accessible. My number is in most, in all of the news releases. Also, the easiest probably is if people just go to our website, which is bluelegoonresources.com, and just email me from there. It'll make its way to me. And I'm happy to engage in discussion and answer questions. That's probably the best way to get a hold of me. That's great. Well, thank you so much for your time today, Rana Big, the CEO of Blue Lagoon Resources. Everybody put it on your watch list, put it on your radar. I think this is a company that may be very undervalued, underappreciated, underexposed, and has huge growth potential. So thank you so much for your time today, Rana. And I wish you all the best of luck in your future endeavors. Thank you. My pleasure. Thanks again for having me. Thank you. And thank you guys for watching. Have yourselves a nice day.