Commodity Discovery Fund

The Commodity Discovery Fund is an investment fund ('fonds voor gemene rekening') based on Dutch law, although its investments are primarily in Canadian-listed mining and exploration companies. The Commodity Discovery Fund is one of only a small number of investment funds in the world that are primarily focused on new natural resources discoveries. Gold, silver, uranium, nickel, coal, gas, oil and rare earth element discoveries add value in the order of billions of dollars annually. We have called this form of investing 'Discovery Investing". Investing in mining companies developing natural resources projects can be very profitable. Exploration companies with a significant discovery usually get taken over by larger mining companies aiming to replenish their reserve base, at a premium, often within a few years. We call this investment strategy 'Discovery Investing', and has proven itself by an average of one takeover every quarter since our inception. Especially since the credit crisis, investors have realized that money does not represent value, but rather is merely covered by credit, another word for debt. It is therefore telling that central banks have reversed their policy of systematic gold sales, and have become large buyers of gold.