Prime Mining: Provides Update On Plans And Operations In Response To Covid-19
CLICK HERE to read the News Relase from Prime Mining (PRYM.v).
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Category: Gold & Silver Stocks
Some Thoughts
US dollar: up up up… The US dollar continues to soar which is wreaking havoc across the globe. Every single loan which is expressed in US dollars has become meaningfully more expensive in just a few days. The Bloomberg Dollar Index is currently at an...
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Bottom (?) Punting in Some Producers
I have been catching some knives in primarily three producers: Premier Gold Mines, Argonaut Gold and OceanaGold. All three have had problems like missed guidance etc but at some point they get so low that the surprises tend to come to the upside. At these...
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Prime Mining: NR and Article
NR: “Prime Mining: Los Reyes new resource in Q1, main deposits have linkage potential” Article: “5 Reasons Why Prime Mining Corp (PRYM: TSXV, PRMNF: OTC) is likely undervalued”
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Charts of The Day: Generational
Some interesting LONG term charts… DOW/Gold ratio – The mother of all Head And Shoulders? Copper/Gold ratio: All Time Low and going lower for the final flush? Real Estate/Gold ratio Mining shares Vs. Gold: Time...
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Must Listen on Corona Virus
Quinton Hennigh, who was very early to worry about Corona (much earlier than most which I can attest to), talks about the Corona virus with Jay Taylor. Must listen: LINK Youtube:
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What Companies to Stink Bid?
If we are headed for deflation, if only temporary, then cashed up juniors with little to almost no fixed costs and high margin producers with little debt would be the best choices. The cash will go up in purchasing power and the higher margin producers...
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Real Value Rotation And Lessons From The Past
At this moment, cash is king. It is outperforming stocks, (paper) gold, commodities and mining equities. What we are seeing in the world economy is highly deflationary. The thing is that neither the banking systems, economies, nor Central Banks can stand deflation. Given the record...
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Original Pilbara Document
The document below was written over two years ago and a lot has changed since then. This was before the Egina type lag gravels were unveiled, before more was known about Karratha and before Quinton shared his theory of what the “last source” of the...
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Valuations Do Not Makes Sense Right Now
We are seeing a mining sector with “artificial” pricing right now. Price is not reflecting value at all, across the board. It might even diverge further even though even the producers look cheaper than the 2015 bottom. Nothing makes sense right now. Theoretically this price...
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