Gold and silver volatility primarily changes sentiment and not intrinsic value of juniors… Why? Because intrinsic value is the NPV of all future cash flows from a gold/silver project. If a junior makes a discovery which will be in production it matters little what gold/silver...
Continue reading » June 30, 2021 admin Gold & Silver Stocks, Investing Strategies 1 Comment What is Your Edge(s)? Longer time horizon: Buying something that is undervalued relative to the expected catalysts on a >6 month basis on contrast to the market which focuses on the next news release. Basically you are playing a different kind of investing game relative...
Continue reading » June 28, 2021 admin Investing Strategies 2 Comments I’m not a geologist. I am not a mining engineer. I am not a “trained” finance guy even though I studied economics in university… On paper I guess I shouldn’t be successful when it comes to mining investing… However I have been pretty successful and...
Continue reading » June 22, 2021 admin Crescat Capital, Investing Strategies 14 Comments It’s time for some lessons… I wrote the following on April 12 in a piece titled “Three High Octane Exploration Stories: Prosper Gold, Labrador Gold & NuLegacy Gold” (Labrador Gold was trading at $0.54/share at the time) FWIW it looks like the share price has...
Continue reading » May 12, 2021 admin Investing Strategies, Labrador Gold 6 Comments Greed is good if it is rational. To become more greedy at the right time takes discipline, conviction and a value investing mindset. Also I think it is important to view stocks as shares of an actual company and not just pieces of paper… That...
Continue reading » March 22, 2021 admin Gold & Silver Stocks, Investing Strategies, Uncategorized 12 Comments A few things to consider… The junior miners are so cheap, on average, right now that there is really no need to go sifting through the trash bin. Identify the companies with great management, money in the bank and high quality projects. Put all companies...
Continue reading » March 22, 2021 admin Investing Strategies No Comment With miners showing the best risk/reward opportunities I have ever seen across the board it makes it much harder to decide which companies to put more or less money into. A few months ago when valuations were higher there were maybe 5-10 absolute no brainers...
Continue reading » March 18, 2021 admin Investing Strategies 3 Comments In this piece I will discuss some of the criteria I use when evaluating junior exploration plays as well as touch a bit on how I think in terms of timing. Hopefully you will find it helpful in your own investing endeavors. Setting The Scene...
Continue reading » February 9, 2021 admin Horseman's Portfolio, Investing Strategies 2 Comments One strategy I think one could pretty much beat the index with every year is to pick up sleepers in the form of cashed up juniors who explore in the parts of the world where snow makes it impossible to work for almost half of...
Continue reading » December 9, 2020 admin Investing Strategies 2 Comments Exploration is very risky as most people will know and only a fraction of all the exploration targets out there will ever become a material discovery. Thus, the people factor is extremely important since the exploration “champions” would not bother with anything other than the...
Continue reading » November 20, 2020 admin Inflection Resources, Investing Strategies 4 Comments 
