Switch to optionsXpress for advanced derivatives trading & earn 50 commission-free trades.
Advertisement
SureTrader Stock Hero Advertisement SPDR Advertisement
Home > Boards > Free Zone > User's Groups >

Value Microcaps Junior Miners

RSS Feed
      Hide Sticky   Hide Intro
Moderator: Bobwins Assistants: cl001
Search This Board:
Last Post: 3/27/2015 12:21:22 PM - Followers: 426 - Board type: Free - Posts Today: 0

This board is for discussing junior miners in both base and precious metals. The commodities boom appears to be a longer term issue so these stocks should become more important as investors try to find small companies that are discovering new deposits.

The typical scenario is that the big companies have such high overhead that they can only look for huge deposits. However as commodities rise in price and all producers max out production, the larger players struggle to replace reserves. The junior miners typically fill that role by finding deposits and then selling out to the cash rich bigger players.

My normal investing strategy is to look for profitable stocks with low p/e's. That strategy is difficult with mining stocks because most are not in production or are losing money.

My alternative strategy is to look for miners with near term potential to begin production. Those are the stocks that I will attempt to focus on along with any stocks that are actually profitable.

Bobwins



FAVORITE JUNIOR NICKEL MINERS:

 



FAVORITE JUNIOR ZINC MINERS:

Zinc prices have underperformed relative to other base metal prices during the commodity boom of 2010-11.  There is supposed to be a surplus in supply in the near term but significant shortages could develop over the next few years.  Several large zinc mines are slated to run out of reserves during this time period and demand is expected to continue to increase. 




FAVORITE JUNIOR COPPER MINERS:
 

  China remains the most important barometer of base metal fortunes.  If their economy continues to grow, copper usage and prices will continue to be supported at the current high levels.

Capstone Mining Corp CS.to/CSFFF.pk
F.D. 82.1M, The company is buying back 10% its shares from mid 07-mid 08. Holding ~20m shares of SST.v plus warrants.
Cash cost about 40c copper net byproduct credit, going lower as smelter charges drop in 08 and lead price jumps.
Recently increased its mill output by 120% under budget. Guiding 26 M lb of copper, 11.3M lb of zinc and 4.1M lb of Lead in 08.
New resource update by sep 07.
http://www.capstonemining.com/



QUADRA MINING QUA.to/QADMF.pk
S.O. 38.1M + 3.9M (InterMoly) + 12M (PP, fully allocated)=54M
F.D. 42.6M + 3.9M (InterMoly) + 24M (PP, fully allocated)=70.8M
2007 guidance: 125 M lb copper and 60 K oz gold
Q1 2007 production: 36.6 M lb copper and 31 K oz gold. Cost: ~$1.5/lb
http://www.quadramining.com

Taseko Mines Ltd. (TGB)
S.O. 113.6 M
F.D. 126.4 M
2007 guidance: 60-70M lb copper and 1 M lb of moly. Cost: ~$1.5/lb
Production set to increase to 120 M lb copper and 1.4 M lb of moly in late 2008 and cost will go down to close to US$1.1/lb area.
http://www.tasekomines.com


FAVORITE JUNIOR GOLD MINERS:



 


FAVORITE JUNIOR SILVER MINERS:


AURCANA AUN.v AUNFF.pk
S.O. 90.4M
F.D. 105.5M
http://www.aurcana.com/

FORTUNA  FVI.to FVITF.pk

Profitable mine in Peru has financed much of the development of their new mine in Mexico.  Producing over 2million oz of silver now, targeting 5million+ oz in 2013 when new San Jose mine should be at full production capacity.  

http://www.fortunasilver.com

 



SCORPIO MINING SPM.to SMNPF.PK
http://www.scorpiomining.com/

SILVER WHEATON  SLW

http://www.silverwheaton.com

Silver Wheaton is the biggest silver streamer.  They finance many junior miners by buying future production of silver at fixed prices.  The typical price they pay is 3.90/oz.  The miner gets needed financing to bring mines into production and SLW gets all or a percentage of their future silver production.  Silver Wheaton has financing power that many juniors lack.  Now that they have been in business for several years, their initial investment projects are coming into production and raising SLW's production levels.  Lower risk way to play silver because of diversification and lack of mining risk.  SLW is relatively low overhead. They have a small office staff of finance experts who continue to add deals to the portfolio and production without significantly adding to overhead now and in the future.  

 



FAVORITE JUNIOR URANIUM MINERS:

Worldwide, there are hundreds of nuclear powerplants on the drawing board.  The current mining supply is well below current usage.  The deficit is being supplied by Russia from deactivated nuclear warheads.  That program is going to end in 2013 and Russia has indicated they will retain whatever is remaining of their inventory for their own nuclear powerplant use.  As that deadline approaches, there is more and more likelihood that uranium will increase in price.  


Strathmore Minerals STM.v STHJF.pk
http://www.strathmoreminerals.com
 Near term producer, with two projects being advanced towards production.  Strathmore has a JV with Sumitomo to develop Roca Honda in New Mexico and is pursuing licensing for the Gas Hills Project in Wyoming.  Strathmore has a large acreage position in the US of prospects that it intends to JV or sell to concentrate on it's core products.  These properties were acquired many years ago at very low prices.  


Uranerz Energy URZ
http://www.uranerz.com

FAVORITE JUNIOR MOLYBDENUM MINERS:




FAVORITE JUNIOR TUNGSTEN MINERS:

DYNACOR MINES DYN.to MSDRF.PK
http://www.dynacor.com/

FAVORITE JUNIOR LEAD MINERS:




MontyHigh's blog, quite informative: http://montyhigh.typepad.com/world_of_wallstreet/

A Good web site for juniors: http://miningpedia.com/

 

PostSubject
#31738   Hecla to acquire Revett dr_airtime 03/27/15 12:21:22 PM
#31737   LC, I had a look, so all the checkmate28 03/27/15 01:19:23 AM
#31736   Thanks for the detailed reply. Lone Clone 03/26/15 01:20:41 PM
#31735   GORO Loneclone, (edited) it always takes you to checkmate28 03/25/15 01:32:46 PM
#31734   ICG.V I still like ICG but Im checkmate28 03/25/15 12:48:58 PM
#31733   And more from GORO -- shameless management has Lone Clone 03/25/15 12:01:17 PM
#31732   Nice chart of near-time Au miners + funding gap dr_airtime 03/25/15 01:25:03 AM
#31731   ICG.V - Ceasar's report and a few others. dr_airtime 03/24/15 04:24:45 PM
#31730   GORO - Inka is wrong... dr_airtime 03/24/15 02:37:26 PM
#31729   Surprise, surprise, more financial shenanigans from the management Lone Clone 03/24/15 09:53:23 AM
#31728   New source of precious metals. Seems like CPTMatt 03/24/15 07:30:06 AM
#31727   TGZ.TO - go time again as one of dr_airtime 03/23/15 04:01:26 AM
#31726   AR.TO - some more thoughts.. dr_airtime 03/19/15 05:34:13 PM
#31725   AKG.TO - good article... dr_airtime 03/19/15 04:06:42 PM
#31724   AR.TO - second chance to buy at same dr_airtime 03/18/15 01:28:11 PM
#31723   COLUMN - Investors lose faith in zinc's slow-burn Lone Clone 03/18/15 12:08:35 PM
#31722   EDV.TO - few blurbs on credit facility extension. dr_airtime 03/16/15 12:56:36 PM
#31721   ORT.to is located in Quebec ... kozuh 03/15/15 12:56:24 PM
#31720   Orbite is still alive? That is the CPTMatt 03/15/15 12:24:43 PM
#31719   Bob, we have ORT.to news ... kozuh 03/14/15 09:57:34 AM
#31718   Deals are everywhere. Oceana Gold OGC.T Safe bet checkmate28 03/13/15 10:55:22 AM
#31717   I'll post this even though it looks like Lone Clone 03/09/15 06:28:24 PM
#31716   EDV.to C$.62 Bobwins 03/04/15 08:34:45 PM
#31715   SAS.t PS I forgot to mention SAS checkmate28 03/04/15 12:37:11 PM
#31714   Could Apple buy a third of the world’s Lone Clone 03/04/15 10:06:51 AM
#31713   Could Apple buy a third of the world’s gold? bobby1231 03/03/15 10:38:45 PM
#31712   They also raised ~5 mil@1.15. garb0 03/02/15 03:33:39 PM
#31711   TV.to/TREVF -.02 to C$1.17 Bobwins 03/02/15 02:22:56 PM
#31710   TV.to/TREVF interview with Trevali. Bobwins 02/28/15 08:18:11 PM
#31709   CMC is looking good for sure daredguy. Getting the cork 02/28/15 05:18:07 PM
#31708   TGZ.to /TGCDF C$.69 Bobwins 02/27/15 03:09:49 PM
#31707   Forum Uranium Commences Drilling on its 100% Owned basserdan 02/27/15 10:02:49 AM
#31706   $Gold in Euros bounced off 50dma... dr_airtime 02/27/15 01:59:40 AM
#31705   and trevali is one of the few junior Bobwins 02/26/15 07:52:36 PM
#31704   Trevali has been one of my major successes Lone Clone 02/26/15 07:25:05 PM
#31703   tv.to/trevf +.08 to C$1.18 trevali keeps Bobwins 02/26/15 03:29:43 PM
#31702   KOOTENAY SILVER ANNOUNCES PHASE II DRILLING UNDERWAY ON basserdan 02/26/15 10:20:03 AM
#31701   hey Cork, you still here ? re : daredguy 02/25/15 10:04:06 PM
#31700   TGZ and Gold in Foreign F/X.. dr_airtime 02/25/15 04:53:32 PM
#31699   TGZ.to/TGCDF +.04 to C$.71 Bobwins 02/25/15 11:24:41 AM
#31698   country ratings Bobwins 02/25/15 10:59:30 AM
#31697   SAS.TO - 2015 guidance from the recorded CC checkmate28 02/24/15 10:24:44 AM
#31696   SAS.TO - More... dr_airtime 02/24/15 01:10:37 AM
#31695   SAS.TO Comments ? Just a few small ones checkmate28 02/23/15 03:12:52 PM
#31694   SAS.TO buyout Candidate for Primero? dr_airtime 02/23/15 10:19:17 AM
#31693   I think/hope you are right. How long will garb0 02/22/15 03:47:25 PM
#31692   Ted Butler: A Remarkable Proposition basserdan 02/22/15 12:17:40 PM
#31691   Here's another view of the TMM buyout of NES. Lone Clone 02/21/15 06:27:33 PM
#31690   China consumes more gold than the world produces Lone Clone 02/21/15 06:20:12 PM
#31689   TMM.TO-NES.V Merger Notes dr_airtime 02/20/15 02:00:14 PM
PostSubject