A Look Into Some Of The Other Precious Metals – Palladium and Rhodium
Brien Lundin kicks off today with his thoughts on some of the other precious metals that get less attention than gold and silver but have been screaming higher. We start with Palladium and the stocks Brien likes. Next is Rhodium and comments on where this metals fits into an investment thesis.
Click here to visit Brien’s site to learn more about his newsletter.
Ira’s Metals
Great summary of golden valley
Agreed. Matt Geiger is a sharp guy, and he outlines the valuation mismatch in the current GZZ share price very well, and maybe a few more investors will capitalize on it before the stock at least moves to its “liquidation value” much less all the upside on the their JVs and NSR on all their other properties.
> Fully-diluted market cap sits 27% below the market value of (RZZ) Abitibi Royalties shares; GZZ’s 44.6% equity stake
> (GZZ) shareholders get the rest of the company for free -including a 2.5-4% sliding NSR at the Cheechoo Project owned by (SOI) Sirios Resources, a 3% NSR and 15% free-carried interest at (BTR) Bonterra’s Lac Barry Property, a 1.5% NSR, and 20% free-carried interest at the Centremaque Property, and exposure to a large portfolio of prospective grassroots properties in the Abitibi Greenstone Belt.
> (OIII) O3 Mining aggressively drilling GZZ’s Centremaque Property in 2020.
For those interested in companies with some exposure to the PGMs, they are often secondary credits to a Nickel/Copper system or even in a Precious Metals system with PGMs/Gold/Silver. This list of companies has at least significant PGM credits in a primary or a secondary project.
Many of these companies have surged over the last few months, and there aren’t many vehicles for incoming investor funds interested in getting exposure to PGMs resources still in the ground, to explorers defining new resources, or to producers and processors.
>> Platinum & Palladium stocks – Symbol
Aberdeen International Inc. AAB.TO
Anglo American Platinum Limited AGPPF
Artemis Resources Limited ARV.AX
Benton Resources Inc BEX.V
Canadian Palladium Resources BULL.CN
Eastern Platinum Limited ELR.TO
Generation Mining Limited GENM.CN
Grid Metals Corp GRDM.V
Group Ten Metals Inc. PGE.V
Impala Platinum Holdings Limited IMPUY
Ivanhoe Mines Ltd. IVN.TO
Jangada Mines PLC JAN.L
Jubilee Metals Group PLC JLP.L
New Age Metals Inc. NAM.V
Nickel Creek Platinum Corp. NCP.TO
Noble Metal Group Incorporated NMG-H.V
Norilsk Nickel NILSY
Noront Resources Ltd. NOT.V
Northam Platinum Limited NMPNF
Palladium One Mining Inc. PDM.V
Pan African Resources PLC PAF.L
Panoramic Resources Limited PAN.AX
Platina Resources Limited PGM.AX
Platinum Group Metals Ltd. PLG PTM
PolyMet Mining Corp. PLM POM
Sibanye Gold Limited SBGL
St George Mining Limited SGQ.AX
Sylvania Platinum Limited SLP.L
Talon Metals Corp. TLO.TO
Tharisa plc THS.L
Transition Metals Corp. XTM.V
Val Ore Metals VO.V
Wallbridge Mining Company Limited WM.TO
Western Areas Limited WSA.AX
Zijin Mining Group Company ZIJMF
Palladium’s Fading Stockpiles Draw Warning of Prolonged Deficit
By Elena Mazneva and Ranjeetha Pakiam – January 22, 2020
“As palladium’s record-breaking rally makes guessing the size of stockpiles more important than ever, one thing at least is clear — they’re getting a lot smaller.”
“Palladium outperformed all major commodities in recent years as carmakers boosted usage in autocatalysts to meet stricter emissions rules. The speed at which prices surged to records this year prompted the market’s trade association to warn that low stockpiles and the unlikelihood of a quick supply response means that the tightness will probably last a while yet.”
Palladium Surges Again But The Focus Will Soon Shift To Platinum
Tim Treadgold – Forbes – Jan 19, 2020
Why Palladium Is Suddenly a More Precious Metal: QuickTake
By: Eddie van der Walt and Ranjeetha Pakiam – January 20, 2020
“Palladium’s status as a byproduct to platinum or nickel mining means producers aren’t quick to respond to price changes. In fact, output is projected to fall short of demand for a ninth straight year in 2020. That’s helped drive prices to successive records.”
More Precious Than gold: Why The Metal Palladium Is Soaring
20 January 2020 – BBC
“It has jumped by more than 25% in the last two weeks alone, and almost doubled in value over the last year.”
“At about $2,500 (£1,922) an ounce of palladium is more expensive than gold, and the pressures forcing its price up are unlikely to ease anytime soon.”
Palladium’s Fading Stockpiles Draw Warning of Prolonged Deficit
By Elena Mazneva and Ranjeetha Pakiam – January 22, 2020
“As palladium’s record-breaking rally makes guessing the size of stockpiles more important than ever, one thing at least is clear — they’re getting a lot smaller.”
“Palladium outperformed all major commodities in recent years as carmakers boosted usage in autocatalysts to meet stricter emissions rules. The speed at which prices surged to records this year prompted the market’s trade association to warn that low stockpiles and the unlikelihood of a quick supply response means that the tightness will probably last a while yet.”
Platinum Breaks $1000, What’s Next?
January 24, 2020
“The reality is that we are seeing a similar price rally in Rhodium and Platinum as we saw in 2004~2008 – just prior to the Global Credit Crisis. Take a look at the composite chart below.”
“There are few interesting components of these charts that show how precious metals reacted throughout the 1997~2000 rally and the 2005~2008 rally – both of these events set up a bubble burst reversion event.”
https://smallcappower.com/expert-articles/platinum-price-surge/
(PGE) (PGEZF) Group Ten Metals sees positive drill results from their Stillwater West Project
Proactive – Jan 19, 2020 #VIDEO
“Group Ten Metals President and CEO Michael Rowley joined Steve Darling from Proactive at the Vancouver Resource Investment Conference to discuss the company’s Stillwater West project. Rowley talked about the work they did last year including drilling and what they expect to happen there in 2020.”
Jay Taylor talks to Jim Paterson, CEO of ValOre (VO) Metals Corp at the Jan 17-18, 2020 Forum
5 Junior Palladium Stocks That Could Continue to Surge
SmallCapPower – January 22, 2020
Platinum Group Metals Ltd. (TSX:PTM)
Palladium One Mining Inc. (TSXV:PDM)
Group Ten Metals Inc. (TSXV:PGE)
New Age Metals Inc. (TSXV:NAM)
Grid Metals Corp. (TSXV:GRDM)
https://smallcappower.com/analyst-articles/junior-palladium-stocks-soaring/
Eric Sprott Announces Investment in New Age Metals Inc.
by @newsfile on 3 Feb 2020
https://ceo.ca/@newsfile/eric-sprott-announces-investment-in-new-age-metals
(JLP.L) (JUBPF) Jubilee Metals – All of the Upside and very little of the down
Crux Investor – #VIDEO interview Platinum/Palladium/Chrome tailings processor
It is always good to get Brien’s thoughts here at the KE Report.
BRIEN LUNDIN COMMENTARY – FRI 20 DEC, 2019
A LOOK AT GOLD IN Q1 2020. ALSO COMMENTS ON IMPACT SILVER (IPT)
“Brien Lundin kicks off today by outlining a couple scenarios he sees for gold in early 2020. In what is typically a good time of the year for gold, the way the metal has bounced into year end is very encouraging. We also get some more insights into Impact Silver and why Brien is recommending this stock again to his subscribers.”
http://www.kereport.com/2019/12/20/a-look-at-gold-in-q1-2020-also-comments-on-impact-silver/
Brien Lundin talks to Fred Davidson, CEO of (IPT) IMPACT Silver Corp.
Jan 17-18, 2020 – Metals Investor Forum #VIDEO
“Fred Davidson CEO of IMPACT Silver Corp. (TSX-V: IPT) and Brien Lundin of Gold Newsletter discuss the company’s significant silver producing mines in south-central Mexico – the Royal Mines of Zacualpan Silver District and the Capire-Mamatla Silver District.”
https://www.youtube.com/watch?v=As2fK2oXlso&feature=youtu.be
Mark O’Dea founder of Oxygen Capital delivers: “Right timing. Right place.” at VRIC January 2020.
Feb 3, 2020 – Vancouver Resource Investor Conference #VIDEO
“Dr. Mark O’Dea, founder of Oxygen Capital delivers his keynote presentation: “Right timing. Right place.” to an absolutely full house, at VRIC’s Oxygen Capital Breakfast, January 20th 2020. Mark discusses market timing, Oxygen’s tremendous track record of mines brought to production, key strategic investors including Eric Sprott and the collective success of Oxygen Companies in 2019 including (PGM) Pure Gold Mining, (LGD) Liberty Gold, (SUNM) Sun Metals, and (DSV) Discovery Metals.”
https://www.youtube.com/watch?v=YiDCaYhPDkk&feature=youtu.be
Blue Moon partner drills 19.58 m of 12.41% ZnEq
2020-02-03 13:55 ET – News Release
Mr. Patrick McGrath reports
BLUE MOON DRILLING STRIKES WIDE ZONES OF ZINC, GOLD AND SILVER MINERALIZATION
Blue Moon Zinc Corp.’s exploration partner, Platina Resources Ltd., has confirmed significant intersections of high-grade zinc, gold and silver mineralization from the second hole completed in 2019 at its Blue Moon zinc-copper-gold project in the United States.
https://www.youtube.com/watch?v=qyTG3G7QLg4 ….. Rod Stewart.