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CEO.CA members discuss high-risk penny stocks which can lose their entire value. Only risk what you can afford to lose.
@Alan@FundamentalAnalysis- I completely agree with you. I believe gold will go up over time. But I also realise what I believe may not occur and its good to mentally prepare yourself for the potential downside. If we have a recession #gold probably will decline in price, or said another way, cash will increase in value. The problem is people still think government will solve all their problems and until that changes gold may lag a little. But on the other note, it may not.
@Excelsior Here’s a great Video interview with Don Durrett. Don is a very sharp guy on investing in #Jr#Miners, (and is the man behind http://www.goldstockdata.com/companies.html which is one of my “Go-To” places for researching the universe of mining stocks out there).
> This is a longer interview but they cover a lot of ground and it is worth the listen:
Don Durrett | #Gold & #Silver Insights from a Mining Stock Investor
Feb 26, 2017
“In this #video, Bill Powers interviews Don Durrett. Don is a seasoned mining stock investor and author of “How to Invest in Gold and Silver: A Complete Guide with a Focus on Mining Stocks”. His website is GoldStockData.com"
0:05 How Bill Powers started in mining stocks
2:45 Introducing Don Durrett
7:00 Don’s exit strategy for mining stocks
9:00 Don’s thoughts on silver (AG)
12:45 AG over $27/oz runs quickly to $50/oz
15:00 US economy & price of gold (“fear trade”)
18:20 Don’s thoughts on silver manipulation
22:30 AG $18.50/oz and AU $1,309 resistance
24:45 US political situation and economy
28:45 US stock market decline & mining stocks
37:10 Advice for investors
lolrenzoAgree Excelsior. I find GoldStockData complementary to CEO.ca coz it gives us an easy access to the most undervalued of the 700 companies listed (based on future production and gold price).
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@0Kib@Excelsior Don Durrett's take on #Silver in his book is one of the best I've read. He reckons it goes past $100 and perhaps even $150.
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@MiningBookGuy@Allan RE: https://ceo.ca/index?fe9f01506eda - quote from you: "Looking at if they are in a mining friendly jurisdictions, with well known geology from past exploration and mining, and the access and infrastructure to make the economics of exploration and development less expensive."
I agree with a lot of what you said. But if you want to go 'big', you've got to look for geology that is NOT well know, true #greenfields. And jurisdictions that might become more 'mining friendly' over time (reality vs perception). Access/infrastructure are important...but scale + high-grade even more important for getting to Tier 1! This applies across commodities. #exploration#greenfields#mbgtrends#newbies
@MiningBookGuy@Excelsior - thanks for sharing the Don Durrett video! I haven't seen this one yet, will try to take a look soon.
@0Kib - any other quick comments on Don Durrett's take on #silver from his book? a lot of people expect silver to blast through $100-$150 (and have been expecting it for a while). Maybe some unique points from him?
I should probably read it, but got a big book list...going to head out and read some other stuff right now! #mbgtrends
@JayfireI misspoke, the $1.36 placement was for 9.9% stake in $IVN, and $412 million was for just 49.5% of Kamoa project alone... #mybad
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@FundamentalAnalysis@jayfire Yup $IVN was definitely a no brainer stock back then, I remember thinking this is trading for cash in the bank, assets for free. With hindsight one wonders why didn't I just put more in at the start!!!! I even remember sending my portfolio to rick rule for evaluation back in January 16, and he put Ivanhoe as his top pick pick. All stars were aligned back then.....
@StealinatorWhen I watched RR's short interview yesterday I was like BAH! , 1/3 way through the bull already? doubt it. My thought being due to massive dump of jr's in 2015 , down to 90 yr lows, set the stage for a big bounce (2016) back up to a where they should have been, compared with POG. Given that logic, we would still be in the first leg up of the bull, price wise. On listening to RR a second time, my thought is he was talking about being 1/3 through in time, not price.
@Vaughan@Excelsior, I remember that chart and I also recall a conversation we carried on (I believee in MBGTrends) that convinced me to now only sell half on the double, but to just unload that that point in time. Good move in retrospect so thanks for pushing the thought process forward with me. #Uranium#MBGTrends
@BenitezI am a newbie and my limited research has taken me to Peel Mining $PEX.AX. The exploration target at Wagga Tank looks to me like a good intercept with hole WTRC003 giving email@example.com%Zn, 6.41%Pb, 89%g/tAg, 0.42g/tAu ,0.21%Cu from 250m. The market hasn’t reacted the way Canadian markets would react to these results. They are also currently drilling at Wirlong where they hope to find richer mineralization at depth. Apologies in advance as I am still learning every day, however am I missing something here or does it look like a good investment at this stage? #ASX-Stocks#mbgtrends
@Excelsior@Enforcer36 - If you'll scan up through this #Uranium page there are a range of opinions from a fundamental and technical analysis vantage point, many editorial pieces, articles on nuclear energy, lots of good website links, macro overviews of the Uranium miners, and of course, different U companies that investors like in the various sub-sectors (Producers, Developers, Explorers).
* If you see a #RedTopic you can dive into the subject with other related posts, and if you see any company in $BlueTicker you can click on that for all those related company posts.
** Also don't forget to click "See Older Posts" at the top as this thread goes WAAAAAYYYY back up there and really it contains a wealth of collective crowd-sourced wisdom and experience from the collective mob of mad geniuses, introverts, industry insiders, hecklers, hooligans, ragamuffins, technicians, news junkies, flunkies, over spunky, and some good folks sharing ideas on like-minded investments in the #Uranium sector.. #mbgtrends#newbies
@FundamentalAnalysis@Jayfire Excellent recent post on your blog. I think this sums for the most part a well balanced outlook on achieving financial freedom and to some extent life itself. As @jayfire says "Do what makes you happy! One day many years from now, imagine yourself sitting inside a movie theater and you are forced to watch a replay reel of your entire life. Make sure this will be a film you’ll be excited to relive and experience all over again"... #newbies
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@FundamentalAnalysisVery smart..... $SII investing in Sprott resource holdings with the inclusion of warrants. Now if the commodity markets take off, or if sprott resources invests in smart exploration or developers that could make money today...... $SII will gain some of those benefits......this could be very value accretive as long as Sprott resource holdings do a half decent job in picking properly....warrants also give that extra kicker too for being right. There is a lot happening behind the scenes with this company I've been reading reports very closely.... and happy with the underlying potential value creation with substantially less risk then ordinary speculation #newbies#mbgtrends.
@Jayfire@FundamentalAnalysis Thanks glad you enjoyed that most recent post! There's more to life than just mining stocks... but if mining stocks do well, life will be greeeaaaaaatttttttttt for many of us who are deeply entrenched in this trade :)
@FundamentalAnalysislol, can't believe I bought and sold back in October for around breakeven.....think it was kitco's interview with either franco nevada or it may have been silver wheaton interview that put me off, talking about water issues and they actually trashed the company.......so i ignored the company since figured the streamers know more then I do....funny how things worked out....and I bought in initially because of the small scale start up production oxide ores with optionality..... #mbgtrends#newbies$XRC