P.O. Box 1123, Golden, Colorado, USA 80402
Professional presentations made during the Mineral Valuation Sessions of previous SME Annual Meetings & Exhibits are now available for sale as .mp4's.
The .mp4's have been professionally recorded by Freeman Audio Visual Solutions and include the Audio/Video portions of each speaker's presentation.
SESSION | PRESENTER | PRESENTATION NAME | View |
Alan Stagg | What About the Word “Comparable” Do You Not Understand? | ||
Betsy Suppes | Pitfalls of Retrospective Appraisals of Oil and Gas Interests | ||
David Faulkenstern | To Before and After? | ||
Dennis Noll | Value Approaches for the Mineral Real Estate and Product Stockpiles at an Active, Producing Mine | ||
Fred Pirkle, John Gustavson, Elliiot Mallard | Search for Candidates for Sales Comparison in Non-Disclosure States | ||
Grant Malensek, William Roscoe, Paul Chamois | Gold Property Transaction Values – A Deeper Dive into Human Factors | ||
James Beck | Assessing Diminution in Value in Eminent Domain Proceedings | ||
Linette Hudson | The Financial Phase Diagram Approach to Project Valuation | ||
Michael Samis, David Laughton | Creating Value and Managing Risk With Staged Project Development | ||
William E. Roscoe, Grant A. Malensek, Pierre Landry, and Graham Clow | Net Present Value in Early Stage Technical Studies vs Market Value |
SESSION | PRESENTER | PRESENTATION NAME | View |
SESSION | PRESENTER | PRESENTATION NAME | View |
James Beck | Condemnation Valuation for the Undeveloped Mineral Property - NOI or Royalty? | ||
Naci Duru | Impact of Operational Cost Estimation and Commodity Price Forecast on Feasibility Study Cash Flow Model: An Iron Ore Case Study | ||
John Gustavson | Using Paired Sales Data to Adjust Comp Sales to Subject Property | ||
Amy Jacobsen, Robert Cameron | Asset Appraisal Versus Company Valuations | ||
Donnie Lumm | Valuation of an Undeveloped Aggregate Property Using the Sales Comparison Approach, West Virginia | ||
Dennis Noll | Quantification of the Suitability of Historical Transactions for use in Sales Comparisons | ||
Fred Pirkle, John Gustavson | The ART of the USPAP Mineral Appraisal Review – Do’s and Don’ts | ||
William Roscoe, Paul Chamois, Grant Malensek, Sean Horan | Trends in Gold Property Transaction Values 2012 – 2019 | ||
Scott Stebbins, Sam Blakely | A Direct, Project-Based Comparison of Commonly Used Pre-Feasibility-Level Cost Estimating Methods | ||
Betsy Suppes | Two Appraisals Same Property 2016 & 2019 - Effect of Spot Pricing Proximity to Production on Appraised Value |
SESSION | PRESENTER | PRESENTATION NAME | View |
1 | Amy Jacobsen, Robert Cameron | Observations of Discounted Cash Flow Models | |
1 | John B. Gustavson | Mineral Highlights from Uniform Appraisal Standards for Federal Land Acquisitions | |
1 | Douglas F. Hambley | Valuation of Mineral Properties with Split Ownership | |
1 | Edwin C. Moritz | Definition of Rights Case History | |
1 | Evan Mudd | Technology Boosts Industrial Minerals, A Valuation Perspective | |
1 | William E. Roscoe, Paul Chamois and Grant Malensek | Trends in Gold Property Transaction Values 2016-18 | |
1 | James M. Beck | Eminent Domain Mineral Property Valuatiuons: When Self-Proclaimed \"Latitude\" Falls Somewhere South of Competence and Ethical Obligations | |
2 | Graham A. Davis, Florin A. Dorobantu | The Role of Commodity Futures Markets in Mine Planning and Valuation | |
2 | John B. Gustavson and Frederic L. Pirkle | International Valuation Problems - Solutions by IMVAL | |
2 | Mario Bendezu De La Cruz | How to Identify a Successful Junior Mining Company | |
2 | Fredric L. Pirkle and William C. Bagby | Three Pillars of Mineral Valuation | |
2 | Darwin Werthessen | Minerals Appraisal Education: An Overview and Observations From a Commercial Real Estate Appraiser | |
2 | Craig Wood (for Alan K. Stagg) | Highest and Best Use Analysis and Its Application in Appraising Undeveloped Mineral Properties |
SESSION | PRESENTER | PRESENTATION NAME | View |
1 | William Roscoe, Paul Chamois | Comparable Transactions Analysis Methodology | |
1 | Benjamin Teschner, Dave Berberick, John Grubb, Elizabeth Holley | Managing an Uncertain Future: Monte Carlo Simulation of a Real Options Model to Improve Investment Decision Making | |
1 | Alan Stagg | The Use of Appraisal Standards and Techniques Outside the Mineral Appraisal Process | |
1 | John Morgan | Opening Balance Sheet Valuation Method | |
1 | Amy Jacobson | Cash Flow Models - Evaluation versus Valuation | |
2 | John Gustavson, Matt Chapman, Tim Knobloch, William Roscoe, Craig Wood | Get Help with Your Secret Valuation Fears!: A Panel Discussion | |
2 | Donald Lumm | Desktop Data Evaluation and Qualifications for Coal Reserve Estimation and Evaluation | |
2 | Douglas Hambley | Pricing Strategies for Mine Property Valuation | |
2 | Evan Mudd | Impact of Adverse Environmental Conditions on Mineral Property Appraisals | |
2 | Brian Groff | Effective Use of Geographic Information Systems to aid the Minerals Appraiser |
SESSION | PRESENTER | PRESENTATION NAME | View |
1 | TREVOR R. ELLIS | THE SME VALUATION STANDARDS – PRESENT IMPLEMENTATION AND FUTURE ROLE | |
2 | JOHN B. GUSTAVSON, MODERATORRICHARD L. BATE, PANELISTEDWIN C. MORITZ, PANELISTSCOTT MELBYE, PANELISTRACHEL L. VASS, PANELIST | SALES COMPARISON APPROACH TO ENERGY MINERALS UNDER FLUCTUATING COMMODITY PRICESCOALOILURANIUMGAS | |
1 | EVAN S. MUDDMARC P. SPRINGER | INFLUENCE OF MARKET FACTORS AND FREIGHT LOGISTICS ON THE VALUATION OF SILICA SAND DEPOSITS UTILIZED FOR FRAC SAND | |
1 | ZACK SMITH | SENSITIVITY ANALYSIS: TOOLS FOR LITIGATION IN RAPIDLY CHANGING MARKETS | |
1 | ALAN K. STAGG | THE IMPLICATIONS OF THE USE OF A SINGLE FINANCIAL MODEL IN THE INCOME APPROACH TO VALUE | |
1 | RACHEL L. VASS | GIVING A CLIENT WHAT THEY REALLY NEED VERSUS GIVING THEM A FMV | |
1 | WILLLIAM E. ROSCOEPAUL CHAMOIS | TRENDS IN GOLD PROPERTY TRANSACTION VALUES 2014-2016 | |
1 | ROBERT CAMERON | SIMPLIFIED COMPARISON OF THE MAJOR ORE RESERVE AND MINERAL RESOURCE SYSTEMS FOR MINERAL APPRAISERS |
SESSION | PRESENTER | PRESENTATION NAME | View |
CASE HISTORIES | TRACEY GROTE | QUARRY IMPACT ON RANCH LAND | |
CASE HISTORIES | ROBERT CAMERON | SIMPLIFIED GUIDE FOR MINERAL APPRAISERS TO ORE RESERVE AND MINERAL RESOURCE CLASSIFICATIONS | |
CASE HISTORIES | DAVID ESPINOZA | ACCRUING FOR MINE RECLAMATION AND POST RECLAMATION CARE EXPENSES | |
CASE HISTORIES | JOHN GUSTAVSON | WHAT DISCOUNT RATE TO USE | |
CASE HISTORIES | TREVOR ELLIS | MENTORING MINERALS APPRAISERS - TECHNIQUES FOR SUCCESS | |
LESSONS LEARNED | MARC SPRINGER | INDUSTRIAL MINERAL MARKET ENTRY - A BEAR MARKET OR WHAT THE MARKET WILL BEAR | |
LESSONS LEARNED | ROBERT FRAHME | RELIABILITY OF THE MINERAL APPRAISAL REPORT: THE NEW WORLD OF APPRAISAL REVIEW | |
LESSONS LEARNED | DAN COLLINS | OBTAINING APPRAISAL DATA FOR THE SALES COMPARISON, THE INCOME, AND THE COST APPROACHES AND THE LEVEL OF DIFFICULTY INVOLVED | |
LESSONS LEARNED | AL KUESTERMEYER | CAPITAL COST OVERRUNS IN THE MINING INDUSTRY - MISTAKES, MISJUDGMENTS, OR? | |
LESSONS LEARNED | BEREKHET BERHE, ROSS LAWRENCE & JOE HINZER | MINERAL VALUATION IN A WORLD OF VOLATILE AND CYCLICAL COMMODITIES |
SESSION | PRESENTER | PRESENTATION NAME | View |
CASE HISTORIES | GRAHAM DAVIS | THE SALES COMPARISON APPROACH TO VALUATION: SCIENCE OR BLACK MAGIC? | |
CASE HISTORIES | DAVID ABBOTT | ENFORCEABLE CODES OF PROFESSIONAL ETHICS-WHY, HOW, AND IN PRACTICE | |
CASE HISTORIES | TREVOR ELLIS | COMPARABLE MINERAL PROPERTIES- A WIDENING OF MEANING FOR APPRAISALS | |
CASE HISTORIES | MICHAEL YOUNG | ALTERNATIVE MINE DEVELOPMENT AND CAPITAL PROJECT STRATEGIES | |
CASE HISTORIES | FRANK BERTRAND | MARCELLUS SHALE: NOT YOUR ORDINARY UNCONVENTIONAL NATURAL GAS PLAY | |
CASE HISTORIES | GARY LOKE | MINERAL VALUATION IN BUSINESS COMBINATION SETTINGS | |
LESSONS LEARNED | ALAN STAGG | PRICE VERSUS VALUE: WAS OSCAR WILDE RIGHT? | |
LESSONS LEARNED | FRED PIRKLE | THE ROLE OF MENTORING IN THE DEVELOPMENT OF NEW MINERALS APPRAISERS | |
LESSONS LEARNED | JOHN GUSTAVSON | CASE HISTORY RE ACTUAL MINERAL PROPERTY SALES IN PENNSYLVANIA | |
LESSONS LEARNED | MITCH ALBERT | MINERAL APPRAISAL LESSONS: CONSERVATION VALAUTIONS AND MARKET DISCOUNTS | |
LESSONS LEARNED | EDWIN MORITZ | DEFINITION OF RIGHTS, A FUNDAMENTAL STEP IN THE APPRAISAL OF OIL AND GAS INTERESTS | |
LESSONS LEARNED | MARTIN SHUMWAY | GOOGLE EARTH PRO AS VALUATION TOOL |
SESSION | PRESENTER | PRESENTATION NAME | View |
LESSONS LEARNED | MARK CRONSHAW | CHASING YOUR TAIL: COST DEPLETION AND VALUATION OF MINERAL PROPERTIES | |
LESSONS LEARNED | DANIEL COLLINS | THE SCIENCE AND SKILL UNDERLYING SALES COMPARISON ADJUSTMENTS IN MINERAL PROPERTY APPRAISAL | |
LESSONS LEARNED | JOHN B. GUSTAVSON | LESSONS LEARNED FROM APPRAISING SHALE PROPERTIES | |
LESSONS LEARNED | TIMOTHY S. KNOBLOCH & JOHN B. GUSTAVSON | WHAT IS THE FAIR MARKET VALUE OF 1,000 ACRES IN THE UTICA SHALE IN OHIO? | |
LESSONS LEARNED | JEFFREY KERN & PATRICK FEDERINKO | APPRAISAL OF OIL AND GAS RIGHTS IN THE PENNSYLVANIA MARCELLUS REGION: TIMING AND FACTS ARE EVERYTHING | |
LESSONS LEARNED | ROBERT B. FRAHME | LAND AND MINERAL EXCHANGES: THE RULES AND APPRAISAL REALITY | |
CASE HISTORIES | ALAN K. STAGG | MPEEM - THE NEW AND IMPROVED RESIDUAL TECHNIQUE OF RESERVE VALUATION | |
CASE HISTORIES | TREVOR R. ELLIS | APPRAISAL OF MINERAL PROPERTY CONSERVATION EASEMENT DONATIONS | |
CASE HISTORIES | RICHARD W. JOLK | FUNDAMENTAL ELEMENTS OF MINERAL PROPERTY VALUE | |
CASE HISTORIES | JOHN J. MANES | THE DIFFERENT TYPES OF VALUATION SPECIALISTS IN THE EXTRACTIVE INDUSTRIES | |
CASE HISTORIES | MATTHEW L. CHAPMAN | LESSONS LEARNED IN THE VALUATION OF SURFACE ESTATES FOR MINERAL PROPERTIES | |
CASE HISTORIES | BERTRAND, FRANK | VALUATION ISSUES IN THE MARCELLUS SHALE: PENNSYLVANIA PERSPECTIVE |
SESSION | PRESENTER | PRESENTATION NAME | View |
LESSONS LEARNED | DAVID R. HAMMOND & ARTHUR W. COURTNEY | APPRAISING SLIDING-SCALE ROYALTIES: A METHOD FOR INCORPORATING COMMODITY PRICE PROJECTS | |
LESSONS LEARNED | TREVOR R. ELLIS | \"IF THIS DEPOSIT IS WORTH THAT MUCH, WHY HASN\'T IT BEEN MINED OUT?,\" AND OTHER LESSONS FOR MINERAL APPRAISERS | |
LESSONS LEARNED | JOHN J. MANES & TYLER N. QUARTIERO | LESSONS LEARNED: DOCUMENTATION & RECORDKEEPING ON APPRAISALS USED FOR CONSERVATION/DONATION PURPOSES | |
LESSONS LEARNED | LOUIS R. POSGATE | CORRECT CALCULATION OF THE ALTERNATE VALUATION DATE FAIR MARKET VALUE | |
LESSONS LEARNED | TIMOTHY S. KNOBLOCH & JOHN B. GUSTAVSON | APPRAISAL LESSONS LEARNED IN THE MARCELLUS SHALE | |
CASE HISTORIES | JOHN B. GUSTAVSON | APPRAISAL AND APPORTIONMENT OF UNLEASED OIL AND GAS MINERAL RIGHTS IN THE WILLISTON BASIN, N. DAKOTA | |
CASE HISTORIES | LOUIS R. POSGATE | INCOME APPROACH: LEASE BONUS AND DCF ANALOG WELL METHODS OF ROYALTY AND LEASEHOLD APPRAISALS | |
CASE HISTORIES | TREVOR R. ELLIS | THE TORTUOUS HISTORY OF NATIONAL AND GLOBAL MINERAL VALUATION STANDARDS DEVELOPMENT - WHY HAS SME BECOME INVOLVED NOW? | |
CASE HISTORIES | DANIEL COLLINS | DISCOUNT RATE SELECTION METHODS APPLIED IN APPRAISALS OF A QUARRY TAKEN BY EMINENT DOMAIN | |
CASE HISTORIES | JOHN MCINTYRE | COMMON PITFALLS IN MINING PROJECTS APPRAISAL |
SESSION | PRESENTER | PRESENTATION NAME | View |
LESSONS LEARNED | TREVOR R. ELLIS | DISCOUNT RATE EXTRACTION FROM TRANSACTION ANALYSIS FOR INCOME APPROACH VALUATION OF MINERAL PROPERTIES | |
LESSONS LEARNED | GERALD CLARK | UNDERGROUND MINING: CHALLENGES FOR THE APPRAISAL OF MINERAL RIGHTS | |
LESSONS LEARNED | JOHN J. MANES | PERMITTING AND ENVIRONMENTAL CONSIDERATIONS OBSERVED DURING MINERALS APPRAISALS | |
LESSONS LEARNED | DANIEL COLLINS | COMPARISON OF MARKET VALUATION METHODS AND APPLICATIONS FOR MINERAL PROPERTIES | |
LESSONS LEARNED | MATTHEW L. CHAPMAN | LESSONS LEARNED FROM MINERAL APPRAISAL WITH SUBSEQUENT MARKET SALE | |
LESSONS LEARNED | SAM CHAN | MINERAL VALUATION: ART OR SCIENCE, BUILDING CONFIDENCE AND PUBLIC TRUST IN MINERAL VALUATION | |
CASE HISTORIES | JOHN B. GUSTAVSON | TRONA MINERAL ESTATE VALUATION, GREEN RIVER, WYOMING | |
CASE HISTORIES | DAVID WAITE | EVALUATION OF POTASH RESOURCES AND FEASIBILITY OF SEVIER LAKE MINERAL EXTRACTION PROJECT | |
CASE HISTORIES | ROSS D. LAWRENCE | DIFFICULT MINERAL PROPERTY VALUATIONS, AN EXAMPLE FROM ZIMBABWE |
SESSION | PRESENTER | PRESENTATION NAME | View |
SESSION 1 | GERALD CLARK | SCOPE OF WORK: BUILDING BLOCK FOR THE APPRAISAL | |
SESSION 1 | RICHARD W. JOLK | CONTRIBUTION TO VALUE - WHAT COUNTS? | |
SESSION 1 | BRIANA LAMPHIER & EDWIN C. MORITZ | HIGHEST AND BEST USE IN MINERALS VALUATION - FUNDAMENTAL STEP IN APPROACH TO VALUE | |
SESSION 1 | TREVOR R. ELLIS | A REVIEW OF THE MANY COST APPROACH METHODS FOR MINERALS VALUATION | |
SESSION 1 | D. GARY MCMAHILL, FREDRIC L. PIRKLE, NORMAN W. STOUFFER | HOW TO TIE THE NPV CALCULATION TO THE MARKET IN A MINERAL PROPERTY VALUATION | |
SESSION 1 | GERALD CLARK | RECONCILIATION IN MINERALS APPRAISALS THE FINAL ADJUSTMENTS | |
SESSION 1 | TREVOR R. ELLIS | SALES COMPARISON VALUATION OF DEVELOPMENT AND OPERATING STAGE MINERAL PROPERTIES | |
SESSION 2 | JOHN B. GUSTAVSON | WHAT I TOOK HOME YESTERDAY | |
SESSION 2 | DAVID R. HAMMOND | MINERAL VALUATIONS IN ROYALTY FINANCING | |
SESSION 2 | JOHN LIZAK | DISCOUNT RATES IN MINERAL COMPANY AND MINERAL PROPERTY VALUATION | |
SESSION 2 | ROSS LAWRENCE, JOE HINZER, & BEREKET BERHE | VALUATION AND CANADIAN REPORTING STANDARDS PROBLEMS AND SOLUTIONS | |
SESSION 2 | CRAIG R. WOOD | PASS-THROUGH ENTITIES AND THE APPRAISAL PROCESS - TO TAX AFFECT OR NOT TO TAX AFFECT? | |
SESSION 2 | DAVID S. WIMBERLY | VALUATION OF MINE AND QUARRY BUSINESSES - ARE STANDARDS RELEVANT? | |
SESSION 2 | CHRIS WYATT, BEHRE DOLBEAR | VALUATIONS FOR FAIRNESS OPINIONS | |
SESSION 3 | GERALD CLARK | A BRIEF HISTORY OF MINERALS APPRAISAL | |
SESSION 3 | KAZEM ORAEE, AHMAD SAYADI, & MAHDI TAVASSOLI | ECONOMIC EVALUATION AND SENSITIVITY-RISK ANALYSIS OF ZARSHURAN GOLD MINE PROJECT | |
SESSION 3 | JOSE A. BOTIN, RONALD R. GUZMAN, & MARTIN L. SMITH | A METHODOLOGICAL MODEL TO ASSIST ON THE OPTIMIZATION AND RISK MANAGEMENT OF MINING INVESTMENT DECISIONS | |
SESSION 3 | J. STUART LIMB | MINERAL VS. REAL ESTATE APPRAISALS (AUDIO ONLY) | |
SESSION 3 | JOHN J. MANES | APPRAISAL FINANCIAL DATA -> PROOF, CHECK, REVIEW | |
SESSION 3 | ALAN STAGG | FEDERAL CONDEMNATION AND TAKINGS - A JOURNEY DOWN THE YELLOW BOOK ROAD | |
SESSION 3 | OSWALDO TOVAR | A METHOD TO DETERMINE THE RIGHT PLANT SIZE USING MICROECONOMICS (OPTIMAL CONTROL THEORY) | |
SESSION 3 | MICHAEL CARTWRIGHT (PRESENTED BY GERALD CLARK) | A US TAX COURT OPINION CONCERNING THE FMV OF A SMALL SAND/GRAVEL PROPERTY OF POSSIBLE INTEREST TO MINERAL PROPERTY APPRAISERS (TRUNCATED) | |
SESSION 3 | KAZEM ORAEE, ARASH GOODARZI, & NIKZAD ORAEE-MIRZAMANI | ECONOMIC ANALYSIS OF THE COPPER MINING INDUSTRY OF IRAN | |
SESSION 3 | RICHARD V. WYMAN | PROBLEMS ASSOCIATED WIH APPRAISALS OF MINERAL DEPOSITS ON UNPATENTED MINING CLAIMS | |
SESSION 3 | MICHAEL CARTWRIGHT (PRESENTED BY GERALD CLARK) | A US TAX COURT OPINION CONCERNING THE FMV OF A SMALL SAND/GRAVEL PROPERTY OF POSSIBLE INTEREST TO MINERAL PROPERTY APPRAISERS (CONTINUED) |