James Kwantes
Articles by James
POSTED ON September 18, 2014 BY James Kwantes

by James Kwantes When I last wrote about Canadian value investor George Armoyan, he was licking his wounds after losing a bid to install three directors on the board of nickel miner Sherritt International (S.TO). Sherritt produces nickel as well as oil and gas in Cuba and a major focus going forward is its 40%… Continue Reading

POSTED ON April 07, 2014 BY James Kwantes

by James Kwantes, World of Mining Resources and resource allocation are at the centre of a boardroom battle between Sherritt International ($S.TO), which mines nickel in Cuba and Madagascar, and George Armoyan, a Halifax-based activist value investor who runs Clarke Inc ($CKI.TO). It’s shaping up to be an entertaining tilt that also presents some investment opportunities.… Continue Reading

POSTED ON February 11, 2014 BY James Kwantes

There are many interesting things about Hudbay’s takeover offer for the 84% of Augusta Resource that it doesn’t already own – an offer that has breathed a bit more life into a moribund mining M&A scene that is slowly reviving. Augusta is developing the advanced-stage Rosemont copper deposit southeast of Tucson, Arizona, which is projected… Continue Reading

POSTED ON January 23, 2014 BY James Kwantes

Cambridge, England is a university town that hosts a house of higher learning. Cambridge House is a Howe Street abode, a dwelling where hope, fear and greed each have rooms on the same floor (and share a bathroom). And floors and bottoms, of the TSX Venture variety, were something of a theme at this year’s… Continue Reading

POSTED ON January 16, 2014 BY James Kwantes

Originally posted on WorldofMining.com Diamond explorer Peregrine Diamonds (PGD) released the second and final batch of results from its bulk sample of the CH-6 kimberlite pipe at its 100% owned Chidliak project on Baffin Island, and they were good. Very good. Here’s the news release. Batch C returned a grade of 2.87 carats per tonne, including… Continue Reading

POSTED ON December 03, 2013 BY James Kwantes

By James Kwantes, World of Mining Eric Friedland’s Peregrine Diamonds released news this morning that moved the stock 52%, to 64 cents, by the time markets closed. A 222-dry-tonne bulk sample from the company’s CH-6 kimberlite returned an impressive grade of 2.7 carats per tonne and 48 diamonds larger than 1 carat, including a 3.54-carat stone. CH-6… Continue Reading

POSTED ON October 11, 2013 BY James Kwantes

Peregrine Diamonds stock was introduced to a cliff earlier today when the company disclosed that DeBeers has elected not to exercise its option for 50.1% of Peregrine’s Chidliak diamond project on Baffin Island. Shares dropped from yesterday’s close of 65 cents down to the low-30s, before bouncing to 41.5 cents at the time of writing.… Continue Reading

POSTED ON October 02, 2013 BY James Kwantes

“History does not repeat itself but it does rhyme.” Mark Twain (or somebody else) For resource speculators, “deals” abound as a result of the great junior mining shakedown of 2008-2013. And therein lies the danger: deals abound but value is elusive. Most junior mining stocks are priced for the end of the world and for… Continue Reading

POSTED ON August 16, 2013 BY James Kwantes

By James Kwantes, World of Mining Rebalancing, Part 2: Signs of life (click here for part 1) In my last post, I detailed the positions that I’ve sold (Amerigo Resources, Sandstorm Gold/Metals & Energy) or dramatically reduced (Lumina Copper) in the past couple of months. This post takes a closer look at stocks I’ve purchased… Continue Reading

POSTED ON April 29, 2013 BY James Kwantes

A World of Mining special – Part 2 of 2 Part 1: Chasing the carat: Canada’s Queen of Diamonds comes full-circle Stornoway Diamonds’ hostile takeover of Ashton Mining and Quebec’s Renard diamond project in January 2007 was followed by an exodus of Ashton executives and managers. Several departed for Peregrine Diamonds, which is advancing its flagship… Continue Reading