There is a bigger story out today than the jobs number
Chris Temple kicks off today with a couple comments on the jobs number. We then shift the focus to the story regarding the South Korean shipping giant Hanjin declaring bankruptcy.
Click here to read the full story posted over at Business Insider.
Click download link to listen on this device: Download Show
Even worse, all those ships are full of iPhone 7s and Samsung Note 7s 🙂
At least there are probably no one-77s…
http://auto-database.com/image/aston-martin-one-77-2015-wallpaper-309659.jpg
Thats a really nice car,i was racing against one of those this summer on the autobahn,(no speed limit but too much traffic)a girl/woman was driving.
Maybe it was sabine Schmitz?(she can really drive)
My car i a bit Heavy,but i like it. (Audi RS6)
From everything I’ve read and heard about it, the RS6 is a very good and capable car despite its weight.
Although I’ve got a Golf my wife’s eyeing up one of these!!
https://assets.bwbx.io/images/users/iqjWHBFdfxIU/idwHh6AE_rbo/v0/-1x-1.jpg
The Lamborghini Centenario. I’d prefer the Porshe 918 or the McLaren P1…
I want a 1917 Hispano-Suiza Torpedo Roadster with a tulipwood body and copper trim.
Here’s one, but wrong color:
Here’s a ’15:
Nice cars guys,
Sabine Schmitz kicking ass on the nurburgring.
https://www.youtube.com/watch?v=qnJOC_dDXzM
Sorry for my off topic posts.
She made it look like something was wrong with her competition!
Yes ,Matthew i was thinking the same thing.
(She won the 24hours race on nurburgring, twice)
That ain’t Sabine. My guess is that’s its Hillary having a prolonged red mist episode!
Thanks Pete. That was. Goooood
Nice one Pete.
Thanks, Matthew. When silver gets to $1000/oz I’ll buy the Hispano-Suiza of my dreams.
The Hispano Suiza Dubonnet Xenia of the mid-’30s is very nice, too…
https://upload.wikimedia.org/wikipedia/commons/2/28/Hispano-SuizaH6CXenia.jpg
The doors were unique, as far as I know:
https://s-media-cache-ak0.pinimg.com/736x/f0/95/cf/f095cf620613155f9b3997b9031e7675.jpg
Now I want a Xenia and a Torpedo!
Time for me to go wash my Hyundai…lol.
Excelsior
OFF TOPIC: “Green” Energy companies
I know you have posted lots of info on the energy sector, but I have a small favor to ask:
I’ll do the research, but I was wondering if you had 3-5 favorite companies, located in Canada/US, that focus on solar, wind, and/or geothermal.
I’m diversifying a bit. I already have US Geothermal (HTM) on my watch list (waiting for an entry point)
Thanks, Brian
Alterra Power, of course. Your discussion yesterday is what got me started on this new investment focus
Hi Brian –
1) Yes Alterra Power (MGMXF) is my pick of the litter and I am a shareholder, but I’m concerned the stock may sell off after the reverse split (as sometimes happens); but I’m encouraged that they announced the dividend at the same time, so maybe that will keep things together nicely even post consolidation.
2) Brookfield Renewable Partners LP (BEP) -Brookfield Renewable Partners L.P., formerly Brookfield Renewable Energy Partners L.P., owns and operates a portfolio of renewable power generating facilities in North America, Brazil, Colombia and Europe. The Company operates over three biomass facilities and Co-generation (Co-gen) facilities. The Company operates through three segments: Hydroelectric, Wind and Other, which includes Co-gen and Biomass. The Hydroelectric and Wind segments are segmented by geography, such as North America, which comprises the United States and Canada segments, Brazil, Colombia, and Europe. The hydroelectric portfolio generates approximately 6,530 Gigawatt hours (GWh) and the wind portfolio generates approximately 1,100 GWh. Its portfolio consists of hydroelectric and wind facilities in North America, Latin America and Europe and totals over 10,000 megawatts of installed capacity. Its projects include Upper Dam Construction, Coldwell Wind Energy Project and Victor Wind Project.
3) TerraForm Power Inc (TERP) – TerraForm Power, Inc. is a diversified owner of clean power generation assets in developed markets. This includes solar and wind assets located in the United States, Canada, the United Kingdom and Chile. The Company’s 2,967 megawatts renewable energy portfolio enables power production around the clock.
(If you get a wild hair and want to go GLOBAL then they also have this)
4) TerraForm Global, Inc. (GLBL) is a holding company. The Company owns interest in TerraForm Global, LLC, a diversified renewable energy company that owns long-term contracted wind, solar and hydro-electric power plants. The Company’s portfolio of projects include Hercules (China), NSM 24 (India), NSM Suryalabh (India), NSM Sitara (India), NSM L’Volta (India), Brakes (India), Raj 5 (India), Focal (India), Bhakrani (India), Gadag (India), Hanumanhatti (India), Boshoff (South Africa), Klipheuwel (South Africa), Koonkoonsies (South Africa), Witkop (South Africa), Soutpan (South Africa), Silverstar Pavilion (Malaysia), Fortune 11 (Malaysia), PP Solar (Thailand), ESPRA (Brazil), El Naranjal (Uruguay), Del Litoral (Uruguay), Alto Cielo (Uruguay) and LAP Portfolio (Peru). In addition, the Company operates Salvador and Bahia wind energy projects that are located in Brazil. The Company serves a range of utility, commercial, industrial and government customers.
5) TransAlta Renewables Inc (TRSWF) – TransAlta Renewables Inc. is a Canada-based company engaged in developing, owning and operating renewable power generation facilities. The Company owns and operates over 10 hydro facilities and approximately 20 wind farms in Western and Eastern Canada with a total installed capacity of approximately 1,140 megawatts (MW) and holds economic interest in approximately 140 MW Wyoming Wind Farm and approximately 420 MW Australian gas-fired generation assets, as well as over 270 kilometers gas pipeline. The Company also owns economic interests in Sarnia cogeneration plant, Le Nordais wind farm and Ragged Chute hydro facility totaling approximately 610 MW of contracted power generation assets located in Ontario and Quebec. The Company’s subsidiaries include Canadian Hydro Developers, Inc. and Western Sustainable Power Inc.
Here are a few ETFs & Funds that give general exposure (I’m typically more of stock picker to time trades, but if you just want to buy and hold these may be of interest)
6) VanEck Vectors Global Alternative Energy ETF (GEX) – The investment seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the Ardour Global IndexSM (Extra Liquid). The fund normally invests at least 80% of its total assets in stocks of companies primarily engaged in the business of alternative energy. Such companies may include small- and medium-capitalization companies and foreign issuers. Alternative energy refers to the generation of power through environmentally friendly, non-traditional sources.
7) Guggenheim Solar ETF (TAN) – Solar ETF {my only complaint is that it has performed poorly due to the basket of stocks in it’s allocation, but you can comb through the individual holdings to look for ideas}
8) First Trust ISE Global Wind Energy Index Fund (FAN) – Wind ETF {This Wind power ETF has done much better than it’s Solar sibling, and if an investor just wants some wind exposure it is a good way to play it. Again you can dig into their holdings for more ideas}
9) Ormat Technologies Inc (ORA) – Ormat Technologies, Inc. is engaged in the geothermal and recovered energy power business. The Company designs, develops, builds, owns and operates geothermal and recovered energy-based power plants. The Company’s equipment manufacturing operations are located in Israel. The Company conducts its business activities in two business segments: Electricity segment and Product segment. The Company’s Electricity segment develops, builds, owns and operates geothermal and recovered energy-based power plants in the United States and geothermal power plants in other countries around the world, and sells the electricity it generates. The Company’s Product Segment designs, manufactures and sells equipment for geothermal and recovered energy-based electricity generation, remote power units and other power generating units, and provide services relating to the engineering, procurement, construction, operation and maintenance of geothermal, and recovered energy-based power plants.
10) Boralex Inc (BRLXF) – Boralex Inc. is a power producer that develops, constructs and operates renewable energy power stations. The Company’s segments include wind, hydroelectric, thermal and solar. It operates an asset base with a capacity of approximately 1,260 megawatts (MW), of which over 1,090 MW are under its control, consisting of approximately 490 MW in Canada, over 520 MW in France and over 80 MW in the Northeastern United States. It operates approximately 870 MW wind power portfolio of assets in France and Canada. It also owns the rights to portfolio of wind power projects in France. It is also a wind power operator in Canada with an installed capacity of approximately 550 MW in Quebec and Ontario. It owns over two thermal power stations with a total installed capacity of approximately 50 MW, consisting of over 30 MW wood-residue power station in Quebec and approximately 10 MW natural gas cogeneration power station in France. It operates over three solar power facilities in France and in Canada.
Pattern Energy Group Inc (PEGI) – attern Energy Group Inc. (Pattern Energy) is an independent power company focused on owning and operating power projects. The Company holds interests in over 16 wind power projects located in the United States, Canada and Chile with total capacity of over 2,280 megawatts (MW). Each of its projects has contracted to sell its output pursuant to a power sale agreement. Pattern Energy sells its electricity and environmental attributes, including renewable energy credits (RECs), to local utilities under long-term and fixed-price power purchase agreements (PPAs). The Company’s operating projects include Gulf Wind, Texas; Hatchet Ridge, California; St. Joseph, Manitoba; Spring Valley, Nevada; Santa Isabel, Puerto Rico; Ocotillo, California; South Kent, Ontario; El Arrayan, Chile; Panhandle 1, Texas; Panhandle 2, Texas; Grand, Ontario; Post Rock, Kansas; Lost Creek, Missouri; K2, Ontario; Logan’s Gap, Texas, and Amazon Wind Farm Fowler Ridge, Indiana.
WOW ! Thanks, Ex. That was a lot of work to put together and i genuinely appreciate the effort. Lots of research to do, but this is a GREAT start.
Glad to share. You inspired me to combine all my Renewable Energy, Energy Efficiency, and Clean Power companies onto one spreadsheet. Here is the full list if you really want to dig into this component of the Energy Space:
8POINT3 ENERGY PARTNERS LP CAFD
ABENGOA S A ABGOF
ACUITY BRANDS INC AYI
ALGONQUIN POWER AQUNF
ALTERNATIVE EARTH RESOURCES INCORPORATED NGLPF
ALTERRA POWER CORP MGMXF
AMERESCO INC AMRC
AXION POWER INTERNATIONAL INCORPORATED AXPW
BORALEX INC BRLXF
BROOKFIELD RENEWABLE PARTNERS LIMITED PARTNERSHIP BEP
CALPINE CORPORATION CPN
CAPSTONE TURBINE CORPORATION CPST
CHINA BAK BATTERY INC CBAK
CHINA LONGYUAN POWER GROUP CLPXF
CHINA SINGYES SOLAR TECHNOLOGIES HOLDING CSSXF
COVANTA HOLDING CORPORATION CVA
DAQO NEW ENERGY CORPORATION DQ
DUKE ENERGY CORPORATION DUK
ENEL GREEN POWER S.P.A. ELPSF
ENER-CORE INC ENCR
ENERGY DEVELOPMENT CORPORATION EGDCY
ENPHASE ENERGY INC ENPH
FIRST SOLAR INC FSLR
GAMESA CORPORATION TECNOLOGICA S.A. GCTAF
GCL POLY ENERGY HOLDINGS LIMITED GCPEF
GLOBAL X YIELDCO INDEX YLCO
GOLAR LNG PARTNERS LIMITED PARTNERSHIP GMLP
GUGGENHEIM SOLAR TAN
INNERGEX RENEWABLE ENERGY INC INGXF
JA SOLAR HOLDINGS COMPANY LTD JASO
JINKOSOLAR HOLDING COMPANY LTD JKS
LIME ENERGY COMPANY LIME
MEYER BERGER TECHNOLOGY AG MYBUF
NAIKUN WIND ENERGY GROUP INC NKWFF
NEXTERA ENERGY PARTNERS LP NEP
NORDEX AG NRDXF
NORTHLAND POWER INC NPIFF
N-VIRO INTERNATIONAL CORPORATION NVIC
OCEAN POWER TECHNOLOGIES INC OPTT
ORION ENERGY SYSTEMS INC OESX
ORMAT TECHNOLOGIES INC ORA
PATTERN ENERGY GROUP INC PEGI
PLUG POWER INC PLUG
POLARIS INFRASTRUCTURE INC RAMPF
POWERSHARES GLOBAL CLEAN ENERGY FUND PBD
REPUBLIC SERVICES INC RSG
RESERVOIR CAP CORP RSERF
SAUER ENERGY INC SENY
SHUNFENG INTERNATIONAL CLEAN ENERGY LTD SHUNF
SMA SOLAR TECHNOLOGY AG SMTGF
SOLARCITY CORPORATION SCTY
SOLAREDGE TECHNOLOGIES INC SEDG
SUNPOWER CORPORATION SPWR
SUNRUN INC RUN
TERRAFORM GLOBAL INC GLBL
TERRAFORM POWER INC TERP
TITANIUM CORPORATION INC TITUF
TRANSALTA CORPORATION TAC
TRANSALTA RENEWABLES INC TRSWF
TRINA SOLAR LTD TSL
U.S. GEOTHERMAL INC HTM
VANECK VECTORS SOLAR ENERGY KWT
VERBUND AG OEZVF
VERTEX ENERGY INC VTNR
VESTA WIND SYSTEMS A/S VWSYF
VIVINT SOLAR INC VSLR
WASTE MANAGEMENT INC WM
XINJIANG GOLDWIND SCIENCE XJNGF
YINGLI GREEN ENERGY HOLDING COMPANY LTD YGE
I Thought of another name that crops up when looking at Solar systems control.
Ormat tech, ORA
This story is not surprising after watching the Baltic Dry Index decline for years. I think SD Marc was watching the index and pointing out problems ahead earlier this year.
possible close?
+1330 gold
+20 silver
Almost, almost. Gold $1324.80, silver $19.42 according to Kitco.com. What has happened that the “heavy hand” seen during the Jackson Hole vacation is now removed?
Market collapse next week 😉
This is September and a dangerous time for the markets. So they had to come up with a jobs report that was not too hot and not too cold. The market needed to be supported as it was no the verge of a breakdown. They want to raise rates but this is not a good month to do it and the markets need to break higher first.
It is over-priced at the moment, but I’ve been following WATT.
WATT has been on incredible growth this year. Not really an energy generating technology, but a new disruptive technology that allows wireless re-charging of devices. There are about 5 or 6 companies really effectively working in the area. Apple will probably buy up one or two of them.
Thanks for the discussion guys…..however, I wish you had let Chris discuss more about Hanjin instead of trying to force a discussion about unemployment definitions, etc….missed opportunity 🙂
Anyway, FWIW Craig Hemke just published a long interview with Jim Willie on his site TFMetalsReport.com
I take Jim’s conclusions with a grain of salt (usually a very large grain), but IMO he does have some excellent information not heard elsewhere and does provide insights about hot the dots may potentially connect.
In this interview he also discussed trade settlement and how unstable the system is (as Chris briefly mentioned….that people have no idea how unstable all of this is).
He gave an example of a client of his who sat in on a meeting with Bobcat execs (owned by a South Korean conglomerate I believe). The Bobcat execs said they are no longer accepting US treasury paper as payment for trades. Willie also said friendly mid-east countries are demanding PM payment from the US for fuel when our ships dock.
Just a couple more points potentially pointing to a nasty swan related to international trade that may somehow (I don’t pretend to understand it all) contribute to whatever reset is coming.
It is a good sign for the gold sector that the metals, especially silver, gave back none of their gains even though the dollar rebounded sharply from the morning low and went to a new high for the day.
Two days ago:
On August 31, 2016 at 2:45 pm,
Matthew says:
I think the gold sector is getting ready to surprise a lot of smart people. Silver is getting ready to rise again versus gold.
Silver looks much better than gold (and that is good news for the miners — including the gold miners):
This is the only thing you got to know, anything else is just noice. We have a long way to go
It is also bullish that the loonie is doing so well even as the dollar shows some strength.
The same goes for oil.
BIG, FAT, BULL FLAG ON THE SILVER MONTHLY CHART!!
Why should we allow the FED rule interest rates ?? Slow recovery [mature economys] We need strong rise in minimum wage. We need inflation to stimulate sales. Defaltion is worse than inflation up to a point. i am donig well with mine stocks. My cigarette stocks are slow moving but trending up. love to you all S
Lost money on my volatility trade, so I sold my position. Will come back on it in a few days, though my thesis was basically correct, Fed waffling on interest rates and underwhelming jobs numbers were a springboard to higher markets.
Sold HVU.TO, but continuing analysis. I still believe a good hedging opportunity exists in volatility ETFs.
The daily HVU.TO chart is showing lots of volume, while the Fibonacci retracement was taken from the peak after the fourth and final reverse split. There are only 875,000 units in the float and the turnover exceeds the float by a multiple.
A log scale chart is necessary to make some sense of valuations:
FWIW, I agree with your analysis. But I have found that trading volatility is difficult — lots of false signals and when it does move it moves big and fast.
I guess I don’t understand anyone messing with VIX variations, in manipulated markets.
I was always told never to fight the Fed; even if they represent evil, greedy bankers.
ASM hit the 40% Fib at 2.17, then went down and tagged the 50% Fib on the nose at 1.95. I held off for lower but gonna ride my 2.23s (ave.).
There are 500,000 plus Containers that are tied up in port ……that is a lot of merchandise.
Christmas sales figures are going to get hammered.
According to the report ,, Wal-Mart,Target,JC Penny,…..Will be effected
Look for a ramp up in “Made in USA” products in US retailer inventories 🙂
Good point
Just saw ,Wal-Mart to layoff 7,000, this was before shipping disaster.
No big deal, .since they have 1million employees
This was a fairly positive day for the Silver Miners. Lots of green on my screen:
% Chg $ Chg Last Price Symbol Silver Company
30.96% 0.09 0.38 MMNGF MONSTER MINING CORPORATION
14.69% 0.21 1.64 EXLLF EXCELLON RESOURCES INC
12.95% 0.05 0.4 DNCVF DEFIANCE SILVER CORP
12.54% 0.13 1.18 MISVF MINCO SILVER CORPORATION
12.14% 0.29 2.66 SVCMF SILVERCREST METALS INC
11.64% 0.32 3.09 SVMLF SILVERCORP METALS INC
9.81% 0.06 0.63 ISVLF IMPACT SILVER CORPORATION
9.09% 0.19 2.28 ASM AVINO SILVER & GOLD MINES LTD
9.01% 0.41 4.96 EXK ENDEAVOUR SILVER CORPORATION
8.85% 1.36 16.72 MAG MAG SILVER CORPORATION
8.78% 1.87 23.18 USLV VELOCITYSHS 3X LONG SILVER
8.38% 0.02 0.29 USAPF AMERICAS SILVER CORPORATION
8.31% 0.01 0.08 CRCUF CANARC RESOURCE CORPORATION
7.91% 0.01 0.14 SLRRF SILVER RANGE RESOURCES LTD
7.57% 0.06 0.84 AUMN GOLDEN MINERALS COMPANY
7.18% 0.03 0.39 SZSMF SANTACRUZ SILVER MINING LTD
6.52% 0.12 1.96 AXU ALEXCO RESOURCE CORPORATION
6.51% 0.51 8.35 FSM FORTUNA SILVER MINES INC
6.43% 0.12 2.04 MRZLF MIRASOL RESOURCES LTD
6.19% 0.02 0.29 SVBRF SILVER BEAR RES INC
5.95% 0.94 16.75 SILJ PUREFUNDS ISE JUNIOR SILVER
5.21% 0.13 2.69 BCEKF BEAR CREEK MINING CORPORATION
5.06% 0.71 14.74 SLVP ISHARES MSCI GLOBAL SILVER MINERS
4.92% 0.58 12.37 AG FIRST MAJESTIC SILVER CORPORATION
4.68% 2.08 46.54 SIL GLOBAL X SILVER MINERS
4.65% 0.02 0.4 SSVFF SOUTHERN SILVER EXPLORATION CORPORATION
4.57% 1.2 27.44 SLW SILVER WHEATON CORPORATION
4.43% 0.8 18.85 PAAS PAN AMERICAN SILVER CORPORATION
4.25% 0.52 12.75 SSRI SILVER STANDARD RESOURCES INC
4.16% 0.01 0.15 MYAGF MAYA GOLD
4.06% 0.02 0.46 AUNFF AURCANA CORPORATION
3.88% 0.05 1.34 GPL GREAT PANTHER SILVER LIMITED
3.78% 0.51 14 TAHO TAHOE RESOURCES INC
3.50% 0.05 1.57 DBEXF SIERRA METALS INC
3.50% 0.2 5.91 HL HECLA MINING COMPANY
3.37% 0.44 13.49 CDE COEUR MINING INC
3.23% 0.04 1.28 MGN MINES MANAGEMENT INC
3.05% 0.22 7.44 PSLV SPROTT PHYSICAL SILVER TRUST ETF
2.97% 0.1 3.47 HCHDF HOCHSCHILD MINING PLC
2.90% 0.86 30.55 DBS POWER SHARES DB SILVER
2.79% 0.5 18.44 SLV ISHARES SILVER SHARES
2.76% 0.51 19 SIVR ETFS PHYSICAL SILVER SHARES
2.75% 0.01 0.4 LVNVF LEVON RES LIMITED
2.72% 0.27 10.21 SLVO CREDIT SUISSE X-LINKS SILVER SHARES COVERED
2.36% 0 0.17 HUSIF NICOLA MNG INC
2.22% 0.01 0.51 CNSUF CANASIL RESOURCES INC
0.82% 0 0.37 KOOYF KOOTENAY SILVER INC
0.64% 0.01 0.79 GLGDF GOGOLD RESOURCES INC
0.45% 0 0.02 SDRG SILVER DRAGON RESOURCES INCORPORATED
0.00% 0 0.2 AGEEF APOGEE SILVER LTD
0.00% 0 0.28 ASLM AMERICAN SILVER MINING COMPANY
0.00% 0 0.01 CARAF CARACARA SILVER INC
0.00% 0 0.64 DOLLF DOLLY VARDEN SILVER CORPORATION
0.00% 0 0.18 EUUNF AZARGA METALS CORPORATION
0.00% 0 0.01 FASV FIRST AMERICAN SILVER CORPORATION
0.00% 0 21.3 FNLPF FRESNILLO PLC LONDON
0.00% 0 0.09 KLSVF KLONDIKE SILVER CORPORATION
0.00% 0 0.05 MXROF MAX RESOURCE CORPORATION
0.00% 0 0.06 PLLMF PLATA LATINA MINERALS CORP
0.00% 0 0.2 PSRVF PROSPERO SILVER CORP
0.00% 0 0.01 RYOOF RIO SILVER INC
0.00% 0 0 SDURF STROUD RESOURCES LTD
0.00% 0 0.08 SSEBF SILVER SPRUCE RESOURCES INC
0.00% 0 0.09 VNARF VENA RESOURCES INC
-0.40% 0 0.67 TREVF TREVALI MINING CORP
-0.44% 0 0.83 ORMNF OREX MINERALS INCORPORATED
-0.56% 0 0.53 BXTMF BRIXTON METALS CORP
-1.49% 0 0.15 SVBL SILVER BULL RESOURCES INC
-1.82% 0 0.05 AUSVF AURA SILVER RESOURCES LTD
-1.94% -0.03 1.48 WLDVF AZ MNG INC
-2.03% 0 0.07 SVGAF SILVER GRAIL RESOURCES LTD
-5.72% -1.71 28.2 ZSL PROSHARES ULTRA SHORT SILVER
-10.60% -0.09 0.8 GARWF GOLDEN ARROW RESOURCE CORPORATION
-11.43% -0.02 0.14 KXPLF BAYHORSE SILVER INC
-32.20% -0.02 0.04 DFCPF CYPRIUM MINING CORP
Am happy with the vast majority of my Silver stocks,
But I have a one listed on the ASX that has copped a bit of a kick in the guts recently (Azure, ASX.AZS).
Still up (just) from my initial purchase, but it is the standout laggard of my silver portfolio.
It needs to lift the anchor.
Cheers.
I thought Azure was a copper/gold company right? I have it on my Base Metals watch list. Is it a Silver company?
Wow, I see what happened. They used to be focused on Copper Gold…. I think maybe that is still their “perception” in the marketplace, and they may have struggled as copper prices sold off.
On the very front page of their website it says “Welcome to Azure Minerals”
“Azure Minerals Limited (ASX: AZS) is Australia’s leading mineral exploration company in Mexico. Azure is progressing two advanced-stage copper projects in partnership with two of the world’s major mining companies – the Alacrán Copper Project with Teck Resources and the Promontorio Copper Project with the Rio Tinto Group. The Company continues to seek opportunities to acquire other assets which the Company believes will add value for its shareholders.
Here was a recent press release for example
“Loma Bonita Gold Zone Continues to Grow”
25 August 2016
—————————————————————————————————————–
However, when I pull up their Corporate Presentation they are branding themselves in a totally different way – all about the Silver…..
Azure Minerals Ltd
High grade silver resources in Mexico – progressing to production
Thanks Skeeta! I’m adding to my Silver list now, and maybe they will get re-rated once the marketplace wakes up to their Silver production pathway. Much appreciated.
BTW the OTC ticker for Azure Minerals is (AZRMF) for anyone interested.
It would appear they are really a polymetallic company which is fine by me. I like Silver, Gold, and Copper. Bring it!
I probably have too many Silver positions going at once, but a relatively new position for me is in Silver Bear Resources (SVBRF) (SBR.TO). Since I know you don’t mind a little jurisdiction risk this Silver development company is in Russia……
Their business strategy and progress so far is impressive, they have a clear path forward to production on a well defined advanced asset, and I believe this one is waaayyy under the radar still. Not without some risk of course, but check out page 6 of their presentation for their timeline:
Silver Bear Resources Corporate Presentation:
Wow – Check out Slide # 21 on the presentation above. There is a fascinating comparison of the Senior Silver Producers and the Junior Silver producers.
Worth a quick look and that may be worth saving (of course the info is from July so it is already dated, but it is a great comparison of different metrics).
Thank you.
Cheers.
Hanjin and South Korea’s other big shipping line, Hyundai Merchant Marine Co. Ltd., have been struggling under heavy debt loads in a troubled global shipping market awash in excess capacity and plummeting prices.
Wall street journal April 22 2016