Below I will try to sum up the case as I see it for a few holdings of mine. Note that they are not investment recommendations, only my personal opinions and that you should only invest in cases that makes sense to you. In other words: Make up your own minds.

Novo Resources (NVO.V)

  • Up and coming producer (hopefully a very high margin one at that).
  • Unparalleled exploration portfolio over 14,000 km2 for long term growth
  • Multiple equity stakes in other juniors
  • Tier #1 jurisdiction
  • Nothing of the exploration potential or the equity stakes is priced in IMHO

White Rock Minerals (WRM.AX)

  • Two advanced projects in tier #1 jurisdictions
    • One has a PFS study done on it and is not far away from being fully permitted
    • The other one has a very high grade resource with ~50 Moz of silver and a lot of base metals
  • One early stage gold exploration project in tier #1 jurisdiction
    • Tier #1 exploration potential
  • Beyond dirt cheap

Lion One Metals (LIO.V)

  • Tier #1 exploration potential in Fiji
  • Has a fully permitted starter project on a mining lease
  • Over $50 M in the bank
  • Drilling with four rigs and will probably advance the starter project to production at the same time
  • Very cheap relative to advanced stage of the asset on top of 10+ Moz exploration potential IMHO

TriStar Gold (TSG.V)

  • Advanced stage, large scale project in Brazil
  • PEA showed incredible economics and currently working towards PFS
  • Incredibly cheap relative to the NPV of the project
  • Lots of exploration potential

Eskay Mining (ESK.V)

  • 52,600 Ha land package on strike from the legendary Eskay Creek mine in BC, Canada
  • Tier #1 jurisdiction
  • Multiple VMS systems already confirmed
  • Incredible exploration potential guided with VMS experts
  • High risk/High reward

Nulegacy Gold (NUG.V)

  • Behemoth sized targets in the heart of Nevada
  • #1 jurisdiction
  • A team made of a bunch of ex Barrick Gold people
  • High risk/High reward

Kalamazoo Resources (KZR.AX)

  • Multiple projects in Western Australia and Victoria, Australia
  • Tier #1 jurisdictions
  • Advanced asset in WA with 1.65 Moz of gold and counting
  • Superb land package in the Bendigo Zone, not far from the Fosterville Mine
  • Cheap based on the current ounces in the ground + superb tier #1 exploration potential

White Gold Corp (WGO.V)

  • Enormous land package in tier #1 jurisdiction
  • ~1.8 Moz of gold in resources
  • Incredible exploration potential

Irving Resources (IRV.CN)

  • A dozen projects in Japan
  • Backed by Newmont and Sumitomo Corporation
  • One of the most impressive exploration portfolios I have seen but currently limited by one drill rig
  • High risk/High reward

Cabral Gold (CBR.V)

  • Huge land package in Brazil
  • 1-1.5 Moz of gold in the ground already
  • Multiple high potential targets

 

Note: This is not investment advice. I am not a geologist nor am I a mining engineer. This article is speculative and I can not guarantee 100% accuracy. Junior miners can be very volatile and risky. I have bought shares of each company in the open market and have participated in the Novo Resource, Nulegacy Gold, Lion One Metals and Eskay Mining’s Private Placements. I can buy or sell shares at any point in time. I was not paid by any entity to write this article but some of the companies are banner sponsors of my site.

Best regards,

Erik Wetterling aka “The Hedgeless Horseman”

www.thehedgelesshorseman.com

Follow me on twitter: https://twitter.com/Comm_Invest

Follow me on CEO.ca: https://ceo.ca/@hhorseman

Follow me on Youtube: My channel

 

 

3 thoughts on “Summing up a Few Cases That I own

  1. Wayne Phillips says:

    Re: WGO
    Any idea when results from Titan will be released?

    1. admin says:

      I have no idea Wayne :S.

      Best regards

    2. Wayne Phillips says:

      Thank you. I hate being alone in the dark.

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