If there is anything that is certain in investing, and pretty much most things in life, it is that nothing is certain. When I see people using absolutes while at least indirectly making a case for or against an investment you know from the start...
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September 29, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources
4 Comments
With the precious metal market heating up I get some emails and messages from people who are keen to learn about investing in this space. Contrary to most newsletter writers etc in this space I tend to focus on Investing Theory because I think it’s...
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September 7, 2020 admin
Investing Strategies
1 Comment
I like this tidbit from the legendary Jack Bogle where he talks about the blessing of low prices (market corrections): … We all know everyone and their mother is always hoping for their stocks to go up today, tomorrow and the day after until eternity....
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August 26, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources
No Comment
People Access to Capital Project Pipeline … Simple as that in my opinion… Good people: Stewards of your money and will go for best “bang for the buck” Access to Capital: The ability to create value over time Project pipeline: The “event horizon” for value...
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August 24, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies
1 Comment
Time has value. An ounce in the ground is only valuable if it can be recovered economically. Thus, time to economic recovery is a big deal… What is the value of a project that is fully permitted, shovel ready and is worth $500 M on...
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July 18, 2020 admin
Gold & Silver Stocks, Investing Strategies
2 Comments
I don’t need to hit a lot of ten baggers. I try to find cases where very little of any upside scenarios are priced in. If I am paying nothing for a project or target it can still be a 1:100 shot and I would...
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July 15, 2020 admin
Investing Strategies
1 Comment
The following lines from Sun Tzu has stuck with me when I think about investing: 13. “He wins his battles by making no mistakes. Making no mistakes is what establishes the certainty of victory, for it means conquering an enemy that is already defeated.” 14....
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July 4, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Uncategorized
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From Tao of Charlie Munger: We are in a pure commodity business which means miner gets the same price, more or less, for their products. The average miner will do well in the good years, but terrible in the lean years. All else equal...
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May 25, 2020 admin
Gold & Silver Stocks, Investing Strategies
1 Comment
A quote from the poker movie “Rounders”: “Listen, here’s the thing. If you can’t spot the sucker in the first half hour at the table, then you ARE the sucker” It’s important to take in a lot of different viewpoints regarding any investment. Every...
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May 12, 2020 admin
Investing Strategies
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Anyone ever seen someone in the mining space recommend a book on value investing or investing overall? Me neither. Personally I consider investing theory to be much more important than knowledge of geology or mining engineering. … Think about it. I would say that the...
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May 7, 2020 admin
Investing Strategies
2 Comments
