Morning Commentary from both Chris and Canuckski
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Canuckski
Hello everyone,
I feel compelled to step in at this time. Being open, this is my first post on this great site and I’ve been a voracious reader of the comments and advice being shared by all members for quite some time now. I do enjoy some light-hearted banter, but, admittedly, it does grow tiring having to listen to the prolonged negativity.
From a constructive perspective, I have thoroughly enjoyed the insights and proposed opportunities presented to listeners. While risky to mention specific names for fear of possibly insulting/disrespecting other contributors, I have personally appreciated coverage offered by Excelsior and Matthew.
I do not have lots of money. I believe in the bull precious metals market. I also do think there’ll be a reset of some magnitude in the future. Until that time though, I’m hoping to leverage this site and discussion threads to learn from others and gain the knowledge necessary (or tips from the more informed) to amass a bit more wealth while I’ve got the chance.
It’s sad to read that CFS and others have considered abandoning guys like me. I would sorely miss their value-added insights.
That being said, for me, many stocks are mentioned (which is great for the purposes of this site), but too many for my puny bank account to consider as well as too numerous for my capacity to effectively perform significant due diligence.
I would love to see a shortlist of no more than 10 of the most promising junior and/or mid-tier companies that I could focus on going forward (recognizing that it’s not intended to be investment advice).
Maybe… We could identify a proposed list of stocks that could hypothetically be used as an Average Joe’s portfolio of 10K? We could even have another group listed as being higher risk-higher reward , and possibly even an envisioned timeline for shorter/medium term (for gains within 6 months to one year) and a separate longer-term portfolio taking us out to 3-5 years??
If we return to basics and focus on investment opportunities, then I personally believe we have a value-added winning strategy on our hands!
Thanks in advance for reading and considering my posting.
Demonrats agenda? Here ya go. I suggest all you boys learn to speak Mexican (the Spanish dialects spoke in Mexico).
Tim Kaine promises bill to legalize illegal immigrants in ‘first 100 days’
http://www.washingtontimes.com/news/2016/jul/25/tim-kaine-promises-bill-legalize-illegal-immigrant/
Yep, breaking the law is okay!
Romans 1:18
And Demonrats say Trump is full of hate and prejudice. The Demonrats are the party of tolerance and the party to end bigotry. Well, don’t tell Jesus that. Just look at the “comedian” they headlined at their convention. Listen to this hateful bitch…totally appalling.
https://www.lewrockwell.com/lrc-blog/comedienne-sarah-silverman-address-democratic-convention/
Thanks for the link Eddie!
But the Democrat Convention was much more effective last night than the Republican one.
Full of lies, but to the ill-informed, very effective and believable
Demonrats…the party of pure evil.
The problem with generating any small list is that,while it might reduce due diligence for some people, it is likely to become overbought and that this site would become a target for touts and shills in the comments sections.
That is precisely why I gave up on Stockhouse and similar sites. They have good information, but they also have planted false information, and it is quite difficult to separate truth from lies.
DFS/Canuckski:
You can no more list ten most promising juniors than you can limit a menu to 10 wines. Different people have different tastes and what might suit one may not suit another.
The trouble with any list if you are a novice is you can’t just hold stocks for very long and if you don’t know how to trade in and out of positions taking profit along the way you are bound to lose a lot of your investment.
A good point DT. It shouldn’t be as big of a challenge in a bull market as it was the last 5 years in the bear market, but still everything is in flux and there is a season for everything (including who would be in a top 10 list of Gold or Silver companies).
My personal list is always in flux, and I’m in an out of some of the same names at different times, but I also make short-term directional trades in certain companies from time to time that are not core holdings, and certain winners get so overbought and ahead of themselves, that I’ll rotate out of them looking for better opportunity.
Fading in and out of positions is a skill every investor is continually fine-tuning, and this is where technical analysis or watching the news flow on a company can really help.
This is who the Democrats headline at their convention. Just listen to this and also listen to Clinton gloating about killing Khadaffi and unleashing chaos in Libya. If voting for Trump means preventing hateful Demonrat bitches like that from taking power I would vote for Trump in a second. You ever hear Trump advocating killing anyone? These Demonrats are a million times worse than Trump. Why can’t you see that?
Bobby check out Romans 1:27….I think Pence will keep Trump in order
The Democrats fit Roman 1
No hate mail please
Even Plato recognized this fact
are you saying trump and pense are sleeping together?
Oh my…no
Romans 1:27….. represents the thinking and acceptance of unnatural man by Demo party
Romans 1:28….and gave them over to a reprobate mind
Pence has a clear understanding of marriage,and the breakdown
Here’s some more muderous Demonrat bitches for ya Bobby…
I really don’t get your point, ebolan.
A well written letter, but truthful?
Elizabeth Warren in her speech likens Donald Trump to George Wallace, forgetting to mention that George Wallace was a Democrat.
The Democrats like to race-bait and condemn the KKK, forgetting to remind folks that the KKK was started by Democrats.
They talk about the civil rights movement and condemn those for fought against it, but, of course, omit the reminder that segregation and the fight against civil rights was lead by Democrat Governors, not Repuclicans.
Demonrats think they should play God. Hell, the think they are God and government is their religion. Just listen to MADeleine Albright in the link above and tell me that is not so.
And that’s not to say RepubloClowns are good, just that Demonrats are just what the name Demonrat implies.
@Canuckski
Very seriously, Ive mentioned this a few times, for a person with the amounts you mention and really doesnt want to risk loss, the guy you want to follow is Mickey Fulp.
The Mercenary Geologist.
Dont expect the gains we just saw in the last few months, thats unusual, it happened because companies were pounded for years.(im sure you know that)
I guess its always possible to find companies that can jump, wouldnt depend on it tho.
If you follow Mickey, you will make large coin, it takes awhile tho, his time frame is one year to double.
You will need to read his philosophy, understand his thinking, read everything he writes, listen to his interviews, he is the guy you want and its a free.
Obviously there are other good people, Chris and Rick come to mind, but if you try to follow too many peoples thinking it is likely to cost you.
Rick is a trader for exmple, totally differant than Mickey, you need to be on the screen pretty much with Rick.
Anyway, you dont need the lists that are posted here, there is way too much time required to investigate all those companies.
An example, the kitco list (lol) try and do a due diligence on it…go ahead…start at the top. Double dog dare ya.
Mickey is your man, the guy that knows as much about mining and the industry is Bob Moriarity but his thinking is differant than Mickey.
Mickey has more potential profitable “play” options than you have money to invest.
If you believe me, you will likely be happy you did in 5 years.
If not oh well, I posted the best performers, there are countless options out there and asking for a list of 10, thats opening a can o worms around here. lol
Good Luck.
Id rather be lucky than good.
Canuckski, if you bought Mickey’s picks four years ago you would have lost a lot of money, timing is everything and you must be able to do your own Due Diligence, remember the name of Bob’s book ?
You can count long term winners on one hand during this bear.
Winning was not in the gold shares. Profitable investing was elsewhere.
If a person believes we are entering a bull, Mickey is the guy.
Nobody does more in depth due diligence than Mickey, he also knows how to put it togeher, he tells everyone how, its all free.
Ignore the ego stuff around canuck, its all noise, check out Mickey.
Micky is free because he is paid by the miners he covers. So I would use his site more for educational purposes than investment ideas.
Agreed. I like Mickey, and have learned a great deal about geology and mining from him over the years, but he usually just plugs his show sponsors. He also discounts or neglects to mention many of the mining companies in a space when reviewing a commodity and just deals in general concepts and the larger players most of the time.
When I first found Mickey, I read how he does due diligence. I actually thought I knew how…NOT.
Anyway, his time frame is double in 1 year, not so difficult really. But for a novice trying to beat bank interest? amazing.
Mickey once wrote an email of apology concerning one of his picks, it hadnt doubled in a year. He actually apologised to subscibers, and the very next day…..it doubled.
That was incredible. lol
The guy knows the industry and knows what hes doing, I didnt stick with Mickey, but if I had, alot of coin indeed. But I prefer fAst action, roll them dice.
He is the most perfect person for a novice I can think of, he is easily as good as many or most/all that ya pay for.
Assuming a guy doesnt want to be glued to a screen, novices dont generally gravitate to guys like Rick A tho.
Maybe they do, whatdoIknow?
Just read EX about Mickey, gotta disagree Ex.
Mickey is not “just” anything where mining is concerned.
A difference of opinion is fine b.
Again, Mickey is great, however, not really where I’d send a new investor for a top 10 list of Mid-tier or Jr miners was my point. The reason why is because he usually “just” plugs his show sponsors. As Matthew mentioned, “I would use his site more for educational purposes than investment ideas.”
For the last 5-6 years I’ve read his musings, listened to all his radio shows with Rob, and have been watching his Kitco video interviews, video interviews with Tommy, investing show panel discussions and other videos that get posted up to Youtube for years. I’ve digested about 95% of the content on his website (articles, audios, videos), so I feel very comfortable understanding where he’s at as far as mining is concerned.
My opinion is that he is very sharp in certain areas, but that doesn’t mean he has all the answers or the best company recommendation. For example, he’s neglected to mention many of the key companies or the scope of miners available in the Uranium space, the Lithium space, and the Specialty Metals space in his past reviews of those sectors. He also dissed on Silver mining investors on his “At The Bar” segment at the beginning of the year, and those stocks outperformed most of his recommendations.
I’d love to have a beer with the guy and share a few laughs some day though. His sense of humor cracks me up.
Cheers!
P.S. I’ve also mentioned a few times in the past to Big Al & Cory that Mickey would be a great guest on the weekend show, but it must not have worked out.
Ex, Mickeys goal on his recomendations are to double in 1 year.
Thats part of his criteria, if he doesnt think its gonna double, you wont se him write about it.
Remember too, just how many companies are out there, no possible way is one person going to do a due diligence on all of them, not even close.
He will actually give you a thurough evaluation if you hire him, any company you want.
If a person was concidering a million $ investment he would be worth every penny, but a person with 10k? Much wiser to put maybe 1k in his most recent recomendation and wait for his next pick for 1k etc etc.
I am talking about following someone that requires no due diligence on the novices part, a person could sleep at night for example and know your getting a gamble with a pretty fair chance of doubling.
Over a few years, thats valuable.
there are lots of options for people that just want to throw some cash at the sector, but with only minimal understanding?
Best advice would be wait for the rageing bull.
Canuckski, just out of interest, check Mr Fulps recomendation, invest in whatever you want, follow Mr Fulp in a year or two, compare your results.
I did, thats how I know.
Most people want to pick their own, I pick my own #s on a roulette wheel. lol
Just thinkin about it, Im probly silly to say anything, whens the last time somebody actually took advice?
Bobs right, read his book.
Good thoughts B. Yes an investment doubling in 1 year is generally a big score for any investor, and Mickey has the experience and knowledge to vet accordingly.
I’d recommend any investor at least visit his site just for his perspective from time to time.
Here are some Mickey Fulp Videos for an intro into his style:
The very best technical guy in the industry is Brent Cook, followed by Mickey Fulp. If you want the technical side of any project or company you want to follow one or both of them. I take a totally different approach since I am not even close to them in technical qualifications.
But in a big wind, even the turkeys can fly.
Bob
No argument from me, I dont know enough to tell who was “the” best, Brent or Mickey,
I know Brent is incredible too, but I thought you had to pay for his subscription?
I always recomend Mickey not just because he is great but because all his work is free of charge and easy to access.
Unless a person were to hire him specifically to investigate of course.
I forget the bet he offered, but it was for a bottle of wine, if he lost he would bring it to you and drink it with you, if he won you take it to him and he would sit and drink it with you.
Talk about a no lose bet. A private sitting with one of the most knowledgable people around.
I recommended to people to make the bet, I wonder if anyone did.
It would be possible to develop lists for. e.g.
Prospect generators (precious metals)
Best royalty companies
Best streamers
Prospect generators (uranium)
PGM juniors
District size explorers under a dollar.
Etc.
I have posted lists for most of those sub-sectors in the past, so that investors could look up a more complete list and do some research on them.
My hope was to narrow those lists down to top 10 or dirty dozen, but a few posters have whined that it took them too long to scroll past them, so I would encourage just searching for those key words and you’ll be able to find a few editorials where those lists were posted (but they won’t have the updates).
I was going to post an updated list of Development stage companies & companies with advanced feasibility studies that may be acquired, because I see some really value in that sub-sector with certain companies.
The only challenge with sharing is that the list would be more lengthy, and some people don’t seem to know how to use their scroll button, so I don’t want to hear the gnashing of teeth.
DFS, yes those are possible, but how much money you need to invest in all those?
Check Bobs comment
“You can no more list ten most promising juniors than you can limit a menu to 10 wines. Different people have different tastes and what might suit one may not suit another.”
Jim Rogers was asked in an interview if he owned something,Lumber,Sugar, I forget.
But his response was “of course I own it, I own everything, Im a billionare”.
Chacun à son goût.
Canuckski:
Anyone who cannot pick their own stocks should probably give their money to a manager who can.
Many times you’ll hear Big Al recommend putting 15% of your total net worth into precious metals, such as gold and silver bullion.This would be a good starting point.
Investing in penny stocks is not a get rich proposition.
Much like everything else you get out of it what you put into it.
Over time you will develop a feel for the market and develop your own strategies.
Remember never invest more than you can afford to loose.
Losing money is an excellent teacher.
Good advice JohnK.
All the best!
Thanks Shad!
Good thing the IRS let’s me deduct 3,000 a year in carry over loss.
I hope I live long enough to write it all off.
I guess now you can tell why I’m not to big on the Uranium sector.
Fukashima! Ouch!
Yes, Fukushima was a tragedy and the cleanup effort was a cluster. Absolutely, I did have some bad losses in 2011 and 2012 on my Uranium miners, but cleared those losses years ago. I’ve swing-traded in an out the stocks since 2013 – present, playing the short term rallies / pullbacks and have more than recouped those losses and started generating trading profits again.
Luckily and strategically, I’ve also been part of several merger/takeovers where I turned a pretty penny on those conversions. I’ve had 3 different companies absorbed by Energy Fuels alone (that’s why I know their pipeline is full of great projects). 😮
Overall though, from a macro picture, as you mentioned, it’s been ugly in the last 5 years in the Uranium bear market, post-Fukushima, and along with the slide in most of the other commodities from 2011 to 2016.
I’m investing in nuclear energy and Uranium miners for the longer term fundamental backdrop and supply-demand metrics that will eventually return to the mean. Energy is a dynamic marketplace, but nuclear is a big part of that, and the setup is about as bullish for the next 3-4 years in Uranium as any other commodity I can think of.
The cost for the insitu miners in the $20-$30 region will give them the most upside torque once the spot price jumps back up to the $50-$60 level it needs to be at to encourage production from the hard rock miners. This is why one of my big investments was in Uranerz (who got taken out by Energy Fuels), and I like Ur-Energy, UEC, and the insitu plant Uranium Resources just picked up for the same reasons.
The future is so bright in the Athabasca Basin, that you have to wear shades…. but most of the explorers will either get taken over and absorbed by Denison, Cameco, or Areva, or just be a marketing fluff story. I do really like Nexgen, UEX, and Canalska (having already mentioned Denison) in that area, but many of the other exploration companies have high grade but water issues (like Fission) or they are exploring in the middle where it is too deep to be economic. Around the rim of the basin, where the deposits are most shallow is the low-lying fruit.
Again, if metals prices jump those explorers are mostly optionality plays or takeover plays at this point.
Uranium will have it’s day, but admittedly I’m still too early to the party. For now I’m just buying the dips and selling the rips until we get firm confirmation that the pricing climate is improving.
Hope your investments now are incredibly prosperous JohnK. All the best.
What do you think of KIV.V Excelsior?
I heard Colin Kottell (sp?) of Palisade Radio interview someone about uranium recently, and it sounded very good. The chart is in a short-term pullback, but looks very attractive longer term, to my eye.
Kivalliq is an interesting exploration play with and extremely solid managment team.
Their Hatchet lake, Angilak, and Baker basin properties are in the right neighborhoods for further discoveries, and their assets are near some of the larger companies properties (ie… Cameco & Areva), mines, and there is a mill within proximity. (crucial to getting into production one day, due to the long permitting times to get a new mill built).
They very much could be a takeover candidate down the road….
One other thing is besides the Uranium, they have some nice Copper, Silver, and even PGM exposure in their grab samples and drilling thus far.
I follow them on my watchlist but am not a shareholder. I believe Chris Temple knows the management well, and Kivalliq was covered on the KER not too far back. He’d be able to provide more context and more information than me.
KIV.V does look like a good cheap (.3x book) spec BUT I do not like the high share count and lack of working capital.
When uranium finally really gets going, I would watch for a larger financing and possible share rollback to provide a better entry opportunity. Until then, it makes sense to accumulate part of your position on weakness.
*I do not own KIV.V
NexGen Discovers New High-Grade A5 Shear Zone at Arrow
VANCOUVER, July 27, 2016
Thanks Excelsior and Matthew
Canuckski:
Go buy my book on Amazon. If it’s not the best $8.98 you have invested, I’ll send you a ten spot. It is for basic investors and gives you a lot of good information about what not to do.
Interesting you mention your book Robert.
I was actually thinking to tell Canuckski that one of the simplest lessons in making money investing is to not forget to not lose it. And one of the simplest ways to not lose money is done via buying things cheap – ie when they are TYPICALLY hated.
So I had come to the conclusion that something of what NOT to do when investing was a good starter for Canuckski.
And, although I haven’t read your book (please forgive me 😉 ) I read plenty of good reviews about it. So I thought that, as a starting point, it could be a $3.99 well spent indeed.
I think that when it comes to investing, what NOT to do is more important than what to do.
Moving on….
Canuckski, if I may, just a couple of points:
1) there is no list of best names as such.
As Robert Moriarty said, it’s like wine or food: there’s no “best food” or “best wine”. There is only what suits your taste (ie Investment parameters).
2) As a consequence of 1), try to understand what are your investment parameters.
If you are unsure the meaning of “investment parameters”… I’ll suggest something:
* IMAGINE you buy shares in company A and they go down 20%.
How do you think will you feel ? What do you think you will you do then?
* IMAGINE these same shares go down 50% from where you bought them.
How do you feel you will feel ? What do you think you will do ?
* Are you mentally ok with the price of what you might buy going down 20, 30, 50% while you thought it would go up after you bought ?
* do you want the shares you want to buy to pay you some dividends ?
* how LONG are you happy to stick w. something in the “hope” to make the return you expect ?
===> these are all “investment parameters”.
==> try to define them coz once you define them, it is easier for you to restrict yourself to names that fit YOUR investment parameters.
3) To come back to one aspect of point 1). One of the simplest ways to make money is to buy things when nobody wants them… and sell them when everybody wants them.
So try to concentrate on that. Whatever the sector you look at, whatever the name you look at [for example, WITHIN precious metals, I try to focus on stories which have NOT run too much year-to-date/that are still disliked, I try to understand why, and try to position myself IF I think the situation might change (and I try to identify what could be the catalyst that could change Mr. Market’s perception from “Mr Market still kinda of hate that stock” to “Mr. Market realizes that stock is pretty underVALUED and mispriced].
4) Spend some time reading a little bit about what you are gonna buy – I’m not saying you won’t, I’m just saying it JUST IN CASE.
Imagine you have a loved one coming at you and say “Why did you buy shares in this company?” Even if you don’t know much about the company, I think it’s fair to say that you should be able to give at least 3 good reasons why you think the shares are good investment.
5) If you don’t know much about accounting/analyzing companies accounts/financials… don’t panic.
It’s better if you do, but it’s not the end of the world if you don’t.
Instead, try to learn, in case that is not your case, a thing or 2 about technical analysis. Basic stuff. No need to go with complicated indicators.
If you spend 50hrs learning about technical analysis, these 50hrs will be more helpful than if you spend 50hrs trying to understand financial statements (don’t think I am biased toward technical analysis: I used to be a financial analyst and I look at financial statements of ANY company I put my money into –> but for the sake of your time, I think learning a bit of technical analysis will be time BETTER spent).
If you have any doubt about a company you’re looking at, feel free to ask here on the blog. With a bit of “luck”, someone will respond. If no-one respond on one day, repost your question on another KER blog/interview on another day.
Keep in mind that AVOIDING mistakes is more important than getting it right. Coz if you avoid mistakes, things will take care of themselves with time.
Also keep in mind that MOST of the time, things will not play out as you had envisaged (from “not exactly as expected” to “not expected AT ALL” . So you have to know IN ADVANCE what to do when that will occur.
All the best to you,
LPG
LPG – Great advice and tips for all investors. Much appreciated.
Well said…jmho
Bob M….U should do a “spark note” version priced at 99cents..for people who want a deal.:)
OOTB/Jerry
The Kindle version is $3.99 and anyone who can’t afford that isn’t an investor. I made it as cheap as I could to still have credibility. I’ve had a lot of people say it was the best $10 and investment book they had ever read.
For some reason, Bill Murphy hated it.
Best laugh today Bob.
Hi Canuckski – I did write to you on yesteday’s Rick A. editorial, but not until later this morning. Here’s the repost:
—– > On July 26, 2016 at 8:58 am,
Excelsior says:
Canuckski – Thanks for those thoughts, and I too am sad to hear CFS may leave, but I’m pretty sure he’s now DFS. DFS showed up when CFS left and has his same disdain for Hillary Clinton, and interest in PGM group miners and he knew who Robert Friedland was. 😉
As for your comments on the targeted lists of around 10, it’s an interesting idea that we’ve tossed around before, and personally I do try to think along the lines of a dozen Silver companies and a dozen Gold companies I’m most interested in, but I am trading in an out of different ones all the time as dynamics change. Mining stocks are very risky, and very volatile, and it is a very difficult business model to pull off profitably.
If someone had a “average joe” portfolio, and didn’t want to delve through all the different companies than my personal recommendation would be to buy mining ETFs or the Funds like: GDX, GDXJ, SGDM, SGDJ, SIL, SILJ, GLDX, TGLDX, and USERX
The next ones that come to mind that are less risky, would be the streaming companies Franco Nevada, Royal Gold, Silver Wheaton, and Sandstorm Gold. They have such a large umbrella of streams, royalties, shares in companies that they’ll be able to weather the storms if a few of the assets don’t work out. Because of this multiple prong approach, the streamers are likewise more limited in the amount they can go up based on an individual success as well (mine improvement, exploration results, new discovery, etc….). An individual company can pop a great deal more on news flow or a merger than a streamer, but streamers are more solid.
After that it would really come down to a persons investment objectives. As you mentioned it would depend on if you were trying to make short-term trades ranging from intra-day to several weeks, or medium term positions on a general direction, or long term 2-5 year bets on the big picture.
Different companies would lend themselves to different time horizons, and then there are different risk profiles due to unknowns in geology, more exploration needed, management team premiums, jurisdiction pros and cons, currency debits or credits, and tax structures that they companies must navigate through. For instance, some people like investing in Silver miners in Mexico, and some see it as too violent or risky. Some like Peru or Argentina, and some won’t touch them. Some like W. Africa, S. Africa, or E. Africa and some don’t. Some like investing in China or Greece or Turkey or Europe, and some don’t.
Then there are the decisions about what exposure the company has as far as the commodity mix in their assets. Do you want a primarily Gold company, or a Copper company with Gold credits? Do you want a primarily Silver company, or companies that do about 1/3 Silver, 1/3 Zinc, and 1/3 lead? What if the Gold company also had big exposure to Base metals at their other properties (like a Gold miner, with a Copper project, and a Moly Project)? There’s a lot to consider.
Any individual company is far riskier of a stake than a basket of companies, because often problems arise from seemingly nowhere, and can throw a real wrench in the gears.
The Senior more established Majors and Mid-tierms have more of a diversified portfolio of properties and mines, so if they have a problem at one, it typically won’t take them out of the game. However 1 trick ponies can easily have the rug pulled out from beneath them, so they are far riskier. Development stage companies, Mineral Banks waiting for a takeover, Prospect Generators, and Explorers are also quite risky, because most have any number of permitting, environmental, labor issues, country or jurisdiction issues, tax issues, mechanical issues, etc… that can crop up.
Definitely interesting to try to narrow down one’s shopping lists. That is for sure, but everyone is shopping for different reasons, with different risk tolerance levels, with different percentage return goals, and with different time horizons.
Some people will subscribe to a newsletter and let other experts do the picking, and they seem to really get good value from that approach as well.
You have some very interesting thoughts and considerations there Canuckski.
Great post!
That should have said “Greece or Turkey or (other parts of) Europe”.
Speaking of miners making progress in Argentina with the new government…..
______________________________________________________________________
Fortuna Silver Mines CEO: I’m an early mover in Argentina
Fortuna Silver CEO Jorge Ganoza tells us why he bought Goldrock Mines, with its gold project in Argentina, in a deal valued at $129 million.
http://www.bnn.ca/commodities/video/fortuna-silver-mines-ceo-i-m-an-early-mover-in-argentina~918764
Jon Case – Market Call Minute – BNN
In the Market Call Minute Jon Case, Portfolio Manager, Sentry Investments answers your questions about IAMGold, Alacer Gold, Teck, Goldcorp & integra Gold.
http://www.bnn.ca/investing/video/jon-case-market-call-minute~919145
Jon Case – Past Picks – BNN
Jon Case, Portfolio Manager, Sentry Investments reviews his past picks:
Primero Mining, Lake shore Gold / Tahoe Resources & Detour Gold.
http://www.bnn.ca/investing/video/jon-case-past-picks~919127
Re: “Do you want a primarily Silver company, or companies that do about 1/3 Silver, 1/3 Zinc, and 1/3 lead?”
-Did you know that 89% of Impact Silver’s revenue comes from silver? That easily beats First Majestic. (Yes, I realize that the two are hardly peers when it comes to size.)
Wow. No I didn’t. That is about one of the highest percentage of just Silver I remember hearing about. It’s funny, because I was actually thinking about First Majestic when I typed that line.
Thanks Matthew!
Would you say Impact is still your top pick in the Silver mining stocks, or do you think they’re getting top-heavy and other companies may represent more opportunity?
Yes, Impact is still my favorite. Not only does it offer all the production growth and exploration potential that I want, but its management team has a long, strong, shareholder-friendly record.
I still have a lot of Americas Silver, too.
Of course, most other silver miners will also do very well.
Thanks Matthew. Yes, there are lot of zesty looking Silver miners out there.
“If you can’t own all of them, at least own some of them.” – Brian
Americas Silver Provides Second Quarter Operating Results and Corporate Update
TORONTO, ONTARIO–(Marketwired – July 27, 2016)
Coral gold was interviewed by Jay Taylor today.
Will be available on jaytaylormedia.com tomorrow podcast.
CLHRF will have $20 million in cash, from recent property sale to Barrick + royalty stream, to develop new properties.
Yes, I believe it was Pete or DW Jones that was mentioning now Coral Gold will be more like Canarc (CRCUF), where they sold their key asset, and will be cashed up and looking for the next flagship property. It’s still a buyers market, so my hope is the both companies will make wise acquisitions with their warchests.
Except they 3 other Nevada properties and almost $2 of cash in the bank for every $1 of market value.
Yep – Still very undervalued with room for exploration upside. I just think they’ll buy a new flagship, but they may opt for developing one of their other properties to grow organically.
P”S.
CLHRF has 48 million shares outstanding plus some warrants and current price is 0.27
Do the math.
CFS….It’s great to see you are still here. We must meet up the next time you are in the UK.
IT, I lived in London in late 1969, I had a great time and I almost got married, but it wasn’t to be however; life has been very good. Sometimes one wonders what would have happened if you had taken the other fork in the road. DT
DID BIG AL GO ON A HUGE SHOPPING SPREE IN MAY ?
http://news.goldseek.com/GoldSeek/1469539354.php
Watch the Swiss gold flows….. They are the metal traffickers between East and West.
Not a pretty picture for oil…
56 comments and no arguments, insults, or heckling today. Impressive.
EX…HEAR-HEAR………….Lets hope it stays that way.
Agreed. It’s like the difference between gridlock traffic and a beautiful country drive.
BTW…If I was running this site there are six people I would chuck off tomorrow,….
You , Matthew , CFS, Vortex, Dennis, DT, Bob M, Jerry, Big Al, & a few others…
Yes I know that’s more than six because I had to use one thumb……….
& the rest could stay……..It would be a lot easier for me to only have to listen to four…………
Yep – What a sorry lot that is…. 😉
Irish needs another beer
….and a bottle of Bushmills and a big stack of Silver coins.
David Morgan: This Is Very Likely Going To Be the Biggest Move in the Precious Metals Complex in Modern Times
BY COLLIN KETTELL ON JULY 24, 2016 – Palisade Radio
Shad,
Cory sent you an email yday (to the one you use when posting on KER).
Check it out.
Best,
LPG
Thanks for the heads up. I get bombarded with emails in there, but just saw it and responded.
Cheers.
Np Shad.
Best,
LPG
When watching Slick Willy tonight remember the stained blue dress.
He attempts to image himself as royalty but reality is he is a schmuck!
Here’s what Demonrats spending their time (and our money) doing…
https://m.youtube.com/watch?v=lCcvexAXEjM
From a more universal perspective
After hearing Bill’s speech last night, and finding out what a beautiful person Hillary was; how much she cares about people and how lucky Bill was to marry her, I feel really bad that he cheated on her so many times. So sad!
DFS:
Are you kidding? HC’s face could stop a clock.
Here’s a list of the 25 best gold and silver stocks: FNV, RGLD, AEM, SLW, AG, EXK, SSRI, OR, NSRPF, TAHO, PPP, DRGDF, EGO, PVG, HL, MUX, SAND, TORXD, PAAS, BTG, PSLV, NGD, GG, NEM, and OCANF Of course I could be wrong as I still have 10000 shares of Royal Oak Mines and lots of Midway too.
I forgot Newcrest and Vista gold, 2 of my Aussie stocks.
I too am a ‘small player. ” I enjoy the podcast greatly and appreciate the various different opinions here in the blog. But let’s remain civil.
Dennis they should change Bill’s name from Slick Willy to Wet Willy! LOL! DT
They could call him Wee Willie as his old girlfriends in Arkansas say his penis was small.
Platinum is up $27, and Palladium $12, maybe the negotiations with The South African miner’s union is breaking down, if the miners go on strike or the companies close the mines platinum will skyrocket. DT
Pleasant morning reading this page with perhaps 90% + comments on subject. Only a few political comments; no religion. Is this the same page we viewed on last weekend’s show? Even a couple personalities missing! No one ragging on anyone. Is this the new format going forward? Civility breeds civility and in this world we need much more. JMO
+1
An explanation of creditism and the future/current world recession.
http://mcalvanyweeklycommentary.com/wp-content/uploads/ica2016-0727.mp3
Clearly the FOMC cannot raise interest rates, no matter what propaganda and obfuscation they may use in there 2 p.m. Statement.
Their
It seems highly probably that a different form of QE/ helicopter money will continue.
This will allow the renewing of infrastructure in the US.
The only inferred problem with this is a drop in the US exchange rate, but with the rest of the world in recession, that is not even probable.
If only we could improve the education system as we renew the infrastructure.
Seeing as how the Sprott Conference is in full effect, it seemed like a good idea to see which companies were being showcased at this year’s event, as they’ve been vetted by Sprott Inc. analysts.
It’s a pretty good collection of resource companies of many stripes. (BTW the categories are misleading as Platinum/Gold/Silver as they relate to their sponsor level, and not what they actually mine).
_______________________________________________________________________
Exhibitors at the Sprott Natural Resource Symposium:
One more tip (should be obvious, but just in case….) , if you click on each banner, you can go down the rabbit hole of that company or sponsor, where there is a brief overview and link to their company website.
Happy Hunting!
Check out Big Al & Cory’s link as well for how the rest of the world sees this site 🙂
Guess we cleaned up our act just in time! 😉
Ha! Agreed.
Yukon Tripping, M&A Assessed, High Expectations, and Portfolio Planning
July 25th, 2016 – Gwen Preston
At the Bar in Dawson City ft. Mickey Fulp, Gwen Preston, and Joe Mazumdar
Matt and Lesley have been on the road so in place of our weekly podcast we’re running an exclusive version of Mickey Fulp’s “At the Bar” series featuring the Mercenary Geologist, Gwen Preston the Resource Maven, and Joe Mazumdar from Exploration Insights! Topics include gold prices, investment strategies, major gold miners, mergers and acquisitions, and more! Are we in the early stages of a bull market?
[Producer’s note: Forgive the semi-frequent background noise, which is a result of recording live “at the bar.” The audio has been thoroughly scrubbed, but some of the more persistent background racket has persevered.]
Hey everyone, just a quick note to thank you all for your time and consideration in sharing your thoughts and insights. It’s all very much appreciated.
I’m glad that the thread series was positive and garnered as much participation as it has.
Keep up the great work and keep the ideas flowing!
Thanks!!!
Demonrats agenda? Here ya go. I suggest all you boys learn to speak Mexican (the Spanish dialects spoke in Mexico).
Tim Kaine promises bill to legalize illegal immigrants in ‘first 100 days’
http://www.washingtontimes.com/news/2016/jul/25/tim-kaine-promises-bill-legalize-illegal-immigrant/
And Demonrats say Trump is full of hate and prejudice. The Demonrats are the party of tolerance and the party to end bigotry. Well, don’t tell Jesus that. Just look at the “comedian” they headlined at their convention. Listen to this hateful bitch…totally appalling.
https://www.lewrockwell.com/lrc-blog/comedienne-sarah-silverman-address-democratic-convention/