Pierre Vaillancourt is Vice President & Senior Mining Analyst at Haywood Securities. He formerly served as director and mining analyst at Laurentian Bank Securities. He has more than 20 years of experience as an analyst and geologist. Pierre worked as a mining analyst at Macquarie capital markets, Orion Securities (where he was also Senior Vice President), Deutsche Bank and HSBC Securities. He also has over 10 years of experience as a geologist, with Noranda and the Geological Survey of Canada and worked in private equity for three years with the Quantum Leap group. Mr. Vaillancourt holds an M.B.A. from Columbia University, a M.Sc. in Geology from The University of Western Ontario, and a B.A. from Amherst College.