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Doc Jones – Explorers vs majors, where’s the best value and what could still get hit

Cory
March 10, 2021

Doc Jones, Private Investor joins me for a discussion on where he is focusing his portfolio in the resource sector. While the gold price has been getting hit as well as the underlying stocks he still has some words of caution for the larger miners. We balance what could drive exploration companies vs the miners. To end Doc Jones shares why he likes the oil sector right now.

Please send me any questions you have for Doc Jones. My email is Fleck@kereport.com.

Discussion
15 Comments
    Mar 10, 2021 10:43 AM

    cory we spoke one time in 2015 , u r still in the facebook
    god bless yu for such a daily programme hearing u guys from the far east

    if I further have bit coins information will throw them to the tweets or email direct

    keep up the good work
    danny

      Mar 10, 2021 10:56 AM

      Hey Danny,

      I’m not on Facebook anymore but you can always reach me through email at Fleck@kereport.com.

        Mar 10, 2021 10:15 PM

        Hi . danny hon…great to have someone on The KER , from the Far East . Can You give us any info. on the Gold & Silver markets in the Far East……Tony

          Mar 13, 2021 13:36 AM

          upside after touching 1545 $,,
          picks up in August or Sept and rally then starts not before

    BDC
    Mar 10, 2021 10:20 AM

    Saturation: https://tinyurl.com/h3sa9xb7
    Gold, Platinum likely topping at low level.

    Mar 10, 2021 10:56 PM

    It was nice to get an update from Doc Jones, as he always has some interesting perspectives to consider.

    That was a good point he made regarding how the Explorers will still get rewarded if they hit pay-dirt, whereas in this set up, the margins of the Producers have compressed as metals prices have continued to pull back from the higher prices last Summer, and have been getting punished more in share prices for the last few months.

    During periods of weakness in the metals prices, explorers can still run on solid discovery news, as they are 5-10 years away from production, and in a general sense, the prevailing price of the day is less critical, compared to producing companies.

    Mar 10, 2021 10:02 PM

    Thanks @drjimjones! Always great to listen to. Great find on ite.

      Mar 10, 2021 10:13 PM

      Great commentary wish there was more time very captivating conversation. Thanks to both of you for making this available.

    Mar 10, 2021 10:54 PM

    Really liked the interview. Dr. Jones’ macro-clairvoyance and his practical ability to exploit his digestions thereof is unparalleled. He sees in ‘the big picture,’ he immediately knows what to do thereafter. For instance:
    -Realizes $1600-1700 gold prices are actually pretty good for quality gold producers.
    -Targets mining exploration companies with a path to non-dilutive cash flow, i.e. Tarachi and Cassiar. He doesn’t gamble with speculation.
    -Quite nice morsels can be picked from the carcasses of Canadian O&G companies left for dead, companies currently valued at 1-2 TIMES FREE CASH FLOW … look at ITE.TO picking up Toscana for NOTHING.
    -Macro reality that the US is now deficient on Nat Gas… 1/6 of this is produced as solution gas with oil… if oil production is further restricted in the US… this shortfall will increase. Look at the likes of KEL.TO, etc. to make up for this.

    Thanks Dr. Jones!

    Mar 10, 2021 10:13 PM

    A few folks contacted me to ask “what was that energy company you mentioned?” I guess I mumbled, it was i3 Energy listed on TSX/AIM (ITE.TO)

    Best
    Doc

    Mar 11, 2021 11:14 AM

    We got a shot at another green day.

    Mar 11, 2021 11:58 AM

    Thanks Doc. Always great info 👍🏼

    Mar 11, 2021 11:44 PM

    Thanks for having Doc Jones on! His integrity is one of a kind!

    Mar 14, 2021 14:57 AM

    Love listening to the Doc speak – excellent interview. The Doc demonstrates his incredible, incredible investing insights. Even if you’re unfamiliar with O&G space, listening to how the Doc speaks about his theses makes me a better investor.

    Can’t wait for the next one!

      Mar 14, 2021 14:30 PM

      He is truly one of the geniouses in our business!