Portfolio Update: Latest Action

Portfolio
New positions GT Gold (GTT) I pretty much thought GT Gold was overvalued for the entire move up and as Jayfire put it: “It’s priced for perfection”… Well the latest NR shattered that “perfection” and shares have sold off big time the last two days,...
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Novo Resources: What do we Know or Think we Know?

Novo 2
I decided to put together a little list of factors that are influencing me personally regarding the odds of finding something of economic value at Karratha.  Since we have so little actual data at this point, and the first exploration results from phase 1 at their Karratha land...
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Some VERY crude calculations on Novo Resources (NVO)

Novo Resources
The following calculations are extremely crude and speculative. We have no idea what the AVG grade, thickness and continuity will be so the numbers should not be used for investment purposes. Used guesstimates based on Moriarty’s post, the bulk sample and guesstimates etc: Thickness:  5...
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Portfolio Update: Last Two Weeks Action

Portfolio
  New additions:   Superior Gold Inc (SGI) Newly formed company led by Chris Bradbrook Ex CEO of New Gold and founder of Crocodile Gold Latest video presentation can be found HERE. Total land package: 644 Km2 in Western Australia (tier 1 jurisdiction) Flagship asset: The...
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Charts of the Day: Investor Euphoria

World stocks
Investors are basically “all in”…   And this sentiment indicator has never been higher…     While the combined world stock market cap has never been higher:     The question is then… Who is left to buy? My personal take after seeing how robotic...
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Chart of the Day: Silver

Silver
Hopefully we will make some kind of bottom around today’s levels. Some junior miners suffered declines that smells a bit like capitulation selling. Looks like we have seen this action before, not too long ago…  
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Northern Empire Resources: My New Top 5 Holding

Logo
Website: www.northernemp.com Latest Video Presentation: LINK Stock ticker: NM Flagship project: Sterling Gold Property (95 km2 ), Walker Lane Trend, Nevada Additional project: Richardson Gold Project (28,762 acres), Alaska  Additional project: Hoodoo Canyon Property, Nevada (Currently leased to Newmont) Royalties owned: 2 Location: Nevada, USA Shares outstanding (basic): 45.8 M Shares...
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