Merrill W. McHenry, MBA, CFA, has been in the investment business for over 28 years. Early in his career, as a portfolio manager he managed over US$1.5 billion in three U.S. mutual funds, and set up an international mining merchant bank visiting mine project sites on multiple continents. As a mining analyst, he has worked both the buy and the sell sides, providing research for Tier 1 and Tier 2 Investment Dealers, as well as prominent global investors. A couple years ago, he led special projects modeling at BMO Capital Markets for the Global Mining Research Group that was top ranked in Canada by Brendan Wood during his tenure. Currently McHenry works as an analyst for Industrial Alliance Securities and is a member of the CFA Institute and the Toronto Society of Financial Analysts.