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Jayant Bhandari – A Focus on Resource Stocks; Volume Spikes, A Financing Window, Who’s Out There Buying?

Cory
January 24, 2023

Jayant Bhandari, Private Investor joins us to focus on resource stocks, mostly the juniors. Select stocks, in a wide range of resource companies, have seen some huge volume spikes that drove prices higher. There appears to be a financing window finally open for these stocks, many of which are running low on cash. We have Jayant share how he’s managing his portfolio of resource stocks.

 

 

Discussion
6 Comments
    Jan 24, 2023 24:59 PM

    Hi Ex, I just got in, WoW! I really liked those drill results that came out from Calibre Mining this morning, Dynomite! I had to pick some shares up today! I am ready to tune into Jayant, he talks my book. DT

    https://money.tmx.com/en/quote/CXB/news/5616614793141789/Calibre_Reports_Robust_Drill_Results_at_its_100_Owned_Golden_Eagle_Project_USA_Initial_Results_Include_430_gt_Gold_Over_924_Metres_and_290_gt_Gold_Over_1951_Metres

    Reply
      Jan 24, 2023 24:36 PM

      Hi there DT.

      Yes, I remain very constructive on (CXB) Calibre for a number of reasons, and in spite of the perceived risks due to the US sanctioning Nicaragua (which doesn’t amount to much for a Canadian company operating there). It’s a shame that most don’t do more due diligence, because I see very few companies moving forward as aggressively as Calibre on exploration and development, or in production grade-driven growth.

      They have been hitting their operation guidance, development milestones, brought a number of spokes into production at their milling hub, and they’ve been knocking it out of the park on solid exploration with way more drill rigs than most explorers are using for several years now. I guess they’ll still trade at a jurisdictional discount, which is OK, but operationally and on the exploration front (but they did counter-balance that with US exposure in Nevada and Washington), they are doing what very few companies ever achieve and running their operations successfully. Eventually their growth will become more obvious to analysts on peer-to-peer comparisons.

      Reply
        Jan 24, 2023 24:38 PM

        I saw this comment from a contributor over at ceo.ca and agree.

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        @Fools.gold – (Calibre Mining) “265,000 oz gold this year, AISC $1225, 500 million cap, no debt 100 million in working capital with 40-50 million of that being cash. What looked like an absolute steal just got even better!”

        Reply
    Jan 24, 2023 24:31 PM

    I have been spreading my buys out over far more stocks than I usually hold. I guess the main reason for that is because I have a far broader knowledge than I had in the past. It’s called learn and re-learn, but if I see one of my many favorites popping it’s head up too fast, I will sell because my Due Diligence enables me as a trader to follow a lot more stories, the reason for that is because I like to keep my money moving when I see opportunity. DT

    Reply
    Jan 24, 2023 24:37 PM

    Jayant is one of my favorites because he doesn’t follow conventional wisdom. I am fully invested where he is not but when I listen to him, he just makes sense, but you must always find what you are good at and do it. DT

    Reply
      Jan 24, 2023 24:40 PM

      Agreed DT. I really appreciate that Jayant is an “out of the box” original type of thinker, and based on sound logic and reasoning. It’s always nice to get his insights on how he is looking at the markets and investing.

      Reply

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