Recommended Reading: “Gold Mine Gangs Tote AK-47s to Outgun South African Police” – Bloomberg.com Makes me wonder how hard it might be for miners when a global economic downturn hits. Physical gold/silver held in private is of course the “safest haven”. Question is how much...
Continue reading »
February 2, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, State of The World
2 Comments
Risk VS Uncertainty… Not the same thing but often treated as such… Case in point when people consider Novo to be extremely risky/speculative because the targets are highly unconventional. Some even, for some reason, goes so far as to claim that “Novo has no gold”....
Continue reading »
January 26, 2020 admin
Investing Strategies, Novo Resources
No Comment
Some recent material events/insights: The appointment of a senior Sumitomo member to the board $4M stake in a Victorian gold junior that might be on to a Fosterville-like deposit Options tied to production results issued Mill negotiations seemingly going well Ore sorting technology advancing that...
Continue reading »
January 20, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources
16 Comments
Some tips to ponder this weekend:
Continue reading »
January 18, 2020 admin
Investing Strategies
No Comment
Which mining stocks in your portfolio would you recommend a family member to buy? Which mining stocks in your portfolio would you say have fairly low downside? Which mining stocks in your portfolio would you be comfortable holding for 1 year with no option to...
Continue reading »
January 13, 2020 admin
Investing Strategies
No Comment
The beauty of companies in the resource sector is that the customers are the world and that there is always a buyer of a company’s product. The other side of this is that the companies are price takers and that the sector goes from over...
Continue reading »
January 12, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Irving Resources, Lion One Metals, Novo Resources, Tristar Gold
No Comment
In this article I will discuss what I think are perhaps the most important concepts for an investor to understand, and that is the power of compounding, risk and opportunity cost… “Rule number number one, don’t lose money. Rule number two, see rule number...
Continue reading »
January 10, 2020 admin
Investing Strategies, Irving Resources, Lion One Metals, Novo Resources
6 Comments
NOTHING has happened for Novo, LIO or majority of juniors, in terms of company specific reasons, that would warrant the big red candles today. It’s just sentiment/technicals tied to a declining gold price at work! Depending on the liquidity there could be one seller responsible...
Continue reading »
January 9, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies, Novo Resources, Uncategorized
No Comment
The “newbie” premium and discount I know a lot of people who have bought a stock because it was “cheap” and when I have asked WHY they think it’s cheap they literally quote the share price. I have had this kind of conversation with both...
Continue reading »
January 7, 2020 admin
Gold & Silver Stocks, Investing Strategies
No Comment
For a project to reach the critical threshold of becoming “mine worthy” is a long, hard and rare path. Yet, this is often not reflected when I look at relative valuations in the junior space. There are plenty of juniors who have run to $20M+...
Continue reading »
January 4, 2020 admin
Gold & Silver Stocks, Horseman's Portfolio, Investing Strategies
2 Comments
